Groupon IPO

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http://frenchweb.fr/exclu-ce-que-j-a-granjon-pdg-de-vente-privee-pense-du-modele-groupon-en-toute-amitie/

[Exclu] Ce que J.A Granjon, PDG de Vente Privée, pense du modèle Groupon… en toute amitié ! | FrenchWeb.fr

FrenchWeb a rencontré cette semaine Jacques-Antoine Granjon, le PDG de Vente Privée pour évoquer, dans une interview vidéo que nous publierons intégralement dans quelques jours, l’actualité européenne et américaine de son site et l’ EEMI entre autres. Dans le courant de cet entretien, Jacques-Antoine Granjon s’est exprimé, on ne peut plus clairement, sur sa perception du modèle de Groupon et la frénésie capitalistique autour de la société américaine…

The REAL data on Groupon’s performance

While half the Internet spent the weekend poring through Groupon’s S1 filing and raised a lot of questions (and concerns ), I called up a friend of mine for an extremely interesting chat instead. Ronan Perceval is the CEO of Phorest , the leading beauty salon appointment software company in the UK and Ireland. http://dylancollins.com/?p=297

Groupon’s Founders Make Words Pay, But for Whom?

http://www.pehub.com/108262/groupons-founders-make-words-pay-but-for-whom/ The New York Times recently wrote a piece suggesting that “Groupon’s fate hinges on words.” Unlike Google, which “had secret algorithms that gave superior search results,” or Facebook, which “provided a way to broadcast regular updates to friends and acquaintances that grew ever more compelling as more people signed up,” in the view of the Times, Groupon has “nothing so special.” Its unique asset is its “ability to make words pay.”

Groupon Revisited (with Echos of Kozmo.com) - Continuations

The filing of the Groupon S1 has resulted in a lot of discussion about Groupon’s business model. http://continuations.com/post/6248730751/groupon-revisited-with-echos-of-kozmo-com

"The key lesson to be learned from the Kozmo.com flameout was: make sure you have a real Internet business with operating leverage and defensibility before embarking on all-out growth" by PED Jun 6

Hacker News | Groupon is Effectively Insolvent

http://news.ycombinator.com/item?id=2616750 To save people having to fight with that sites asshole design, here's the text: I'll start by tipping my hat to Andrew Mason. He caught social mood just right, creating a coupon/local/flashmob hybrid business model at the perfect time, and has created the fastest-growing company on a revenue basis in American history.
Groupon has filed its S-1 and hopes to raise $750M in its initial public offering.

Short logic (Groupon IPO: Pass on this deal)

http://shortlogic.com/post/6142108636/groupon-ipo-pass-on-this-deal
http://www.betabeat.com/2011/06/03/groupons-business-is-decaying-in-its-established-markets/ The following is an in-depth analysis of Groupon’s business in one of its oldest markets, Boston, by the folks at daily deal aggregator Yipit. The entire piece is worth reading, but for the TL;DR crowd, here is the breakdown. Groupon’s costs to acquire customers is skyrocketing, while its revenue per customer is plummeting.

Groupon’s Business is Decaying in its Established Markets | Betabeat — News, gossip and intel from Silicon Alley 2.0.

I would love to be wrong about this. Especially given the fallout in the tech economy if Groupon blows up. But isn’t it really pretty obvious that Groupon is a massive Ponzi scheme?

Groupon Is a Straight-Up Ponzi Scheme | Groupon IPO| Knewton Blog

http://www.knewton.com/blog/knewton/2011/06/03/groupon-is-a-straight-up-ponzi-scheme/
http://www.businessinsider.com/chart-of-the-day-groupon-revenue-loss-ipo-2011-6 Groupon just filed for its IPO , and two obvious things jump out: Its fast growing revenues, and its fast growing losses. Revenue for the first three months of 2011 was $645 million, a 1,357% increase from the year prior.

CHART OF THE DAY: Groupon's Massive Revenue And Massive Losses

http://www.businessinsider.com/groupon-files-for-ipo-2011-6?op=1

Groupon Files For $750 Million IPO; Lost $413 Million In 2010

In 2010 and the first quarter of 2011, Groupon spent $241.5 million and $179.9 million, respectively, on online marketing initiatives relating to subscriber acquisition. Groupon counts customer acquisition costs as a capital investment. This kind of "hair" on Demand Media's IPO didn't slow that one down, though.

No discount: Groupon files for $750 million IPO - The Term Sheet: Fortune's deals blog Term Sheet

The company had raised over $560 million in venture capital funding, plus another $573 million that provided liquidity to early employees and shareholders (including those angry that Groupon had turned down a $6 billion acquisition offer from Google). Major outside shareholders include New Enterprise Associates and Accel Partners.

Groupon Files to Raise $750 Million in IPO After Coupon Site’s Sales Surge - Bloomberg

Groupon Inc. , the top online-coupon provider, filed to raise $750 million in an initial public offering, riding a wave of Web-company share sales and giving investors a chance to bet on the surging daily-deal market. The IPO will be handled by Morgan Stanley (MS) , Goldman Sachs Group Inc. (GS) and Credit Suisse Group AG (CSGN) , according to the filing.

Where Did Groupon’s Billion Dollars Go? – AllThingsD

In January, Groupon raised $950 million . By the end of March, it had $209 million in cash. The details: Groupon raised a total of $946 million in two funding rounds last winter.