“Groupon Inc., which last month rejected a $6 billion takeover offer from Google Inc., isn’t convinced it will sell shares in an initial public offering anytime soon, said Chief Executive Officer Andrew Mason.
The biggest daily deal website’s commitment to proceeding with an IPO this year is ‘less than 100 percent, that’s for sure,’ Mason said in an interview at the Digital-Life-Design conference in Munich. ‘An IPO is something we are considering, but we’re just trying to learn more about the option at this point and understand the benefits and drawbacks.’ ”
What do you think?
Is Groupon missing an opportunity to dominate the market now that it’s turned down a $6 billion buyout from Google AND put off becoming a publicly-traded company? When was the last time you suffered from hesitating? Was hesitating ever the right thing to do?
Tags: groupon, initial public offering, IPO