Citation
Groupon Announces Pricing of Initial Public Offering
TL;DR
IPO priced at $20/share, $12.7 billion valuation
Primary source for Groupon's IPO pricing at $20/share, valuing the company at $12.7 billion - the largest internet IPO since Google in 2004. The subsequent 80-90% collapse in value illustrates the 'growth without contact inhibition' cancer pattern central to the chapter.
Key Findings from Relations (2011)
- IPO priced at $20/share, $12.7 billion valuation
- Largest internet IPO since Google in 2004
- Subsequent collapse demonstrated unsustainable growth pattern