Thursday, June 02, 2011
It’s happened and I’m sticking on topic, Groupon has filed for its IPO to raise $750 million. With 83 million email subscribers, the company sold 30 million coupons last year and already 28 million in 2011. Does anyone else see another Dot Com boom coming? Investment banks are going to be looking to the Internet community again the next big idea to take public and make money. Every is just waiting for Facebook to see what they are doing, but in the meantime, we are going to watch many companies starting to trade on the different stock markets. Early investors will make money I’m sure, but buyer beware, it could be only a matter of time that things come crashing like they did.