Groupon Fastest Growing Company Ipo

Groupon fastest growing company ipo

We’ve all heard the rumors that Groupon is the fastest growing company ever.

Groupon fastest growing company ipo

Today it finally opened its books in its preliminary filing to go public.

Wow.

In the first quarter of 2009, the online deal company mustered only a quarter of million in revenue. In the first quarter of 2011, it brought in almost $650 million.

Wow.

Only slightly less wow, by the way, is the fact that Groupon lost $103 million in the first quarter.

Groupon fastest growing company ipo

Marketing and SG&A are expensive.

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