$15 billion isn't good enough anymore for Groupon, and we sure know $6 billion is chump change to these guys.
It think it's worth around $25 billion.
The online coupon company has held talks with banks that would value the company as high as $25 billion. This comes from two people close to discussions, who asked not be identified because of the nature of the talks.
The company has doubled its' subscriber base in the past three months, an unheard of metric. The company now has over 70 million users in 500 markets, 60% higher than when Google GOOG first made the offer in December.
Groupon's valuation has continued to soar, up from $1.3 billion in April 2010. In less than a year, the valuation has jumped almost twenty times, and that has some concerned about a bubble.
Goldman Sachs GS and Morgan Stanley MS have discussed handling the IPO for the company, but that was when the company was worth around $15 billion.
If you are able to get a hold of shares of Groupon in the secondary markets on exchanges like Sharespost or SecondMarket, then you are green with pride this morning on these reports. Groupon has continued to defy the naysayers about its valuation.
Very interesting times we live in when a company less than two years old shows this much growth and is valued at this much.
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