Inc Well | Small Business Advice for Chicago Entrepreneurs
A how-to blog for Chicago business

Groupon Watch: $30 Billion IPO Days are Over



    Today's Groupon deal: $30 for a bike tune-up package or $30 for $60 worth of bike accessories and merchandise at Village Cycle Center

    Groupon’s back on track with its IPO, at possibly half the initial valuation, as we reported Tuesday.

    The IPO is now valued at about $11 to $12 billion, but nothing’s ever set in stone with this company so stay tuned.

    Also, rival LivingSocial is in a deal with Clear Channel. What goes better together than daily deals and radio?

    And Groupon’s G-Team has a program to help kids ease the social stigma of cancer. Read more:

    • …at a much lower (rumored) valuation. (Reuters)
    • Today’s Deal: $30 for Bike Tune-Up Package or $30 for $60 Worth of Bike Accessories and Merchandise at Village Cycle Center ($60 Value)