6 Weeks Post-IPO, Groupon Is Worth More Than $14 Billion

gropoun_615.jpg

Say whatever you want about Groupon -- mention the large sales of shares by insiders or the company's massive marketing costs or the dubious value proposition for merchants -- none of it matters all that much to investors. They seem to think that what the company's doing is worth something, quite a lot in fact. After six weeks on NASDAQ, Groupon still has a market cap of $14.64 billion. That's $8 billion more than Google offered for the company in late 2010 and almost 10 times as large AOL's market value.

I suppose it's pretty simple in the end: their customer base and revenue is growing quickly, and in today's economy, that's at least as big a miracle as their market cap.


Presented by

Google Street View, Transformed Into a Tiny Planet

A 360-degree tour of our world, made entirely from Google's panoramas

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

Google Street View, Transformed Into a Tiny Planet

A 360-degree tour of our world, made entirely from Google's panoramas

Video

The 86-Year-Old Farmer Who Won't Quit

A filmmaker returns to his hometown to profile the patriarch of a family farm

Video

Riding Unicycles in a Cave

"If you fall down and break your leg, there's no way out."

Video

Carrot: A Pitch-Perfect Satire of Tech

"It's not just a vegetable. It's what a vegetable should be."

Video

The Benefits of Living Alone on a Mountain

"You really have to love solitary time by yourself."

More in Technology

Just In