Thursday, June 2, 2011

Groupon Files For IPO To Raise $750 Million

Excerpt from Mason's (Founder & CEO of Groupon) PR on Groupon's filing to go public. Great job of getting people juiced for the future while also warning them that it will be bumpy.

Groupon Files For IPO To Raise $750 Million:

If you’re thinking about investing, hopefully it’s because, like me, you believe that Groupon is better positioned than any company in history to reshape local commerce. The speed of our growth reflects the enormous opportunity before us to create a more efficient local marketplace. As with any business in a 30-month-old industry, the path to success will have twists and turns, moments of brilliance and other moments of sheer stupidity. Knowing that this will at times be a bumpy ride, we thank you for considering joining us.