Groupon IPO could be as soon as Monday

Groupon's foray onto public markets hasn't exactly been smooth, but sources are saying it's a go for next week after many rumours of the on-again-off-again variety. Those people familiar with the matter have been chatting to Reuters again, and are now saying that Groupon has a definite-ish start for its IPO roadshow: next …

[Pete the not so great]

Who'd a thought...

Flogging colonic irrigation, reiki massages, the very occasional cheap cinema ticket and even more occasional bowling and (sausage inna) bun would be so lucrative.

[Magnus_Pym]

Really what is the point...

... of Groupon?

[jonathanb]

Today's offer is two tickets to see Britney Spears at Wembley for £60.00. Clearly she didn't sell out in 2 seconds on Ticketmaster like popular acts do, so Groupon will help fill the seats. That gives you an idea what the point of it is.

[Anonymous Coward]

Exactly.

I get hundreds of the same sort of offers in my email every day. I suppose at least with Groupon they don't get automatically filtered out into the trash folder.

[Marvin the Martian]

Too late I'd say, it was ready for a "pump&dump" IPO.

There was a buzz about it a few months ago, it was going to be bigger than Google and MS combined --- but the last few months most reports have been negative, pointing to the unsustainability of the discounts and so forth. Momentum lost, game over; it can happily persist as a bunch of local clubs but that's it.

[Pete 2]

Groupon is as Groupon does

So will they offer their shares at a discount if lots of people organise to buy them together?

Or is that sort of thing reserved for products that nobody really wants .... errr ...

[Arthur Kater :-D ☺]

So group-buying of Groupon shares fits the Groupon profile ;-)