Whatever the valuation, the story of Groupon is just amazing; this company was not even in existence 10 quarters ago... and now has turned down a deal to be bought by Google (GOOG) for $6 billion (Nov. 30, 2010: From Startup in 2008 to Potential $5-$6B Buyout from Google in 2010). Just as awe inspiring is its revenue over $1 billion in 2 years... incredible.
Judging by the valuation, the rabid "it's 1999 all over again, just replace Alan with Ben" investors have placed on the Youku's (YOKU) of the world (which in a word is cuckoo!), Groupon might be worth $20 billion (Dec. 13, 2010: Careful About that Youku on Your Shoe). I'm not saying this is a sensible valuation, but with easy money flying out of every orifice and a major dearth of high growth companies in our country, any visible rapid growers are going to attract mounds of money. In Youku terms, Facebook should be worth more than Apple (AAPL) + Exxon (XOM) combined...
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Cristina Dumitru Cat Power January Jones Christina DaRe Malin Akerman
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