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October 25, 2011 02:47 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/YCehiJ_9hzA/
IPOH!: Groupon Becomes Its Own Hot, Discounted Deal
With the Groupon roadshow underway and the countdown to its IPO expected to culminate on November 4th, the long-anticipated arrival of the daily deals giant on the public markets is almost at hand. But the journey hasn't been without its fair share of hiccups. While the company currently owns a 54 percent share of the daily deals market and there were some bright spots in its third quarter earnings report, the daily deals juggernaut has fallen from a once hoped-for $25 to $30 billion valuation to one that will likely be around $11.4 billion.Comparatively speaking, going with that questionable early valuation from its underwriters, at as much as 62 percent off, Groupon itself now represents one helluva deal for the eager coupon clipping investor. Thanks to some hilarious characters on the team at Runningshoes.com, we now have an awesome mock deal in which Groupon itself is offering its common stock for the discounted price of $16 a share.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/YCehiJ_9hzA/
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