The All Things D rumor mill is telling us that Groupon’s Andrew Mason is itching to push the IPO button despite the fact that bankers are unprepared to move forward.
According to Kara Swisher’s usual unnamed sources close to the situation, Groupon was eager to move on an IPO as early as this week but has agreed to wait, at least until the bankers have things in order. Those bankers, originally considered an unlikely team, are believed to be Goldman Sachs and Morgan Stanley.
The company that just last fall turned down Google’s buyout offer of $6 billion is expected to seek valuation of around $15 billion.
Groupon has seen unprecedented success both here in the US and on a global level. Whatever their actual time frame is for an IPO, we expect they’ll be keeping up the pace to conquer the world with coupons.
