Groupon’s IPO

Posted on June 3, 2011

0


Haven’t you heard? Groupon just filed an S-1 with the SEC to raise $750 million in an IPO. Here are some of the important information:


1. Groupon lost $413 million in 2010.
2. Revenues in 2010 were recorded at $713 million.
3. Q1 2011 revenues were $645 million (90% of total revenue in 2010!).
4. International business accounted for 37.2% of total revenues in 2010.
5. In 2010 and Q1 2011, Groupon spent $241.5 million on online marketing and $179.9 million on subscriber acquisition initiatives.
6. Groupon has 83 million email subscribers.
7. It sold 30 million coupons last year and 28 million in Q1 2011 (growing real fast!).
8. It has over 7,000 employees.
9. Groupon’s business grew 2,241% between 2009 and 2010.
10. Andrew Mason’s 2011 salary is $575 per year. Last year, it was $180,000. He sold about $27 million worth of stock.
11. Andrew Mason owns 7.7% of voting shares while partner Eric Lefkofsky owns 21%.

Read Andrew Mason’s message to potential investors.

Advertisements