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Posted on June 2, 2011 | tags

 
 

Biz: Does Groupon’s IPO suggest a bubble ready to pop?

  • I think investors will go for this one. Whether or not it’s worth the valuation it comes at is still an open question.
  • Jacob Funds chairman Ryan Jacob • Asking a fair question about Groupon’s IPO, which the company expects to raise three quarters of a billion dollars, and could put the company’s valuation in the tens of billions. Are we in another tech bubble? Probably. If it pops, will it pop on the day Groupon hits the stock exchange? Probably not. Still though — Groupon has only been around for a little over two years (yet it feels like much longer), so they’re the ones who’ll probably get more scrutiny than anyone else here. source