by Erik Kain on November 24, 2011
When Groupon went public a few weeks ago, I warned at the time that we should be skeptical of the IPO. My Forbes colleague, Eric Savitz, reports that the stock is falling apart: In an ominous development for the Internet IPO market generally and the daily deals sector generally, investors are walking away from [...]
Read more at Forbes.
by Erik Kain on November 4, 2011
Tim Carmody throws some cold water on Groupon’s IPO which has, by all measures, exceeded expectations. Although the company has only made a small portion of its total value available for trading, $700 million raised on the first day of trading is nothing to sniff at, making it the biggest IPO for an internet company [...]
Read more at Forbes.
