Finally Groupon has announced its IPO. We could talk all day long about what this means but I think it might be best to just read the letter that CEO Andrew Mason wrote to future stockholders. It went something like this. Buckle up, apparently Andrew likes to write.
Dear Potential Stockholders,
On the day of this writing, Groupon’s over 7,000 employees offered more than 1,000 daily deals to 83 million subscribers across 43 countries and have sold to date over 70 million Groupons. Reaching this scale in about 30 months required a great deal of operating flexibility, dating back to Groupon’s founding.