The market says that Groupon, which IPO’d today with an opening valuation of $18 billion, is worth more than Macys ($M), Ralph Lauren ($RL) or the Chicago Mercantile Exchange ($CME).
Now if only we could retrain all those real estate and mortgage brokers to learn some basic coding…
Everything you need to know about the “social offers” game.
OK, score one point to Team Andy Mason.
Andrew Mason is a brilliant dude who created an amazing idea in Groupon, it’s a shame that they’re gonna try and do an IPO with a $30 billion opening valuation.
Party on, hipsters. For now.