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Now that LinkedIn has gone public at a rousing $45 a share, our thoughts turn to other eligible contenders.
Groupon, the daily deals site, has been talking to investment bankers. The company is expected to pick Goldman Sachs and Morgan Stanley for its IPO, according to Thomson Reuters. Groupon’s IPO could raise as much as $1 billion while LinkedIn raised a measly $352.8 million (but LinkedIn will have a $4.3 billion market cap).
Groupon’s IPO is expected to come in the second half of the year, but the hype generated by the LinkedIn deal may cause that to change.
Which brings us to the Question of the Week…