LivingSocial: Gautam Thakar Replaces Tim O’Shaughnessy as CEO

Gym Closes After Groupon Deal

Groupon Stock Seems like a Good Deal These Days

Groupon’s IPO Summary

Groupon officially went public this morning, trading under the ticker “GRPN” and opened the day at a surprising $20.00. The stock shocked skeptics when it started trading +40% after only a few hours. The stock hit a day high of $31.14 and a day low of $25.90 – Not bad for a company under such scrutiny the past few weeks.  At market close, GRPN ended its first day of trading at $26.11, up 30.55%.

Groupon certainly more-than withstood the criticism and broke the mold for tech companies. Their Post-IPO is far larger than Amazon and Microsoft, larger than Netscape, LinkedIn and Webvan. Where does it sit? Groupon’s Post-IPO is the second largest of a tech company – ever. And if that weren’t enough to convince critics of the company’s potential, at close today Groupon’s Post-IPO is officially the third largest in history.

 

 

groupon ipo

Groupon's First Day Trading

Groupon’s staff enjoyed their day and for the most part tried to stay out of the media limelight. I contacted Julie at Groupon for a comment and received these photos showing the staff celebrating in Chicago.

Inside Groupon Novemeber 4

Inside Groupon Novemeber 4

Inside Groupon Novemeber 4 Inside Groupon Novemeber 4

 

 

 

 

 

 

 

 

 

 

Inside Groupon Novemeber 4

Boyan Josic

Boyan Josic is a thought leadership expert for digital media, content creation and local commerce who acquires and develops digital media products and services through his firm Mogul Media. Boyan is also the founder and editor of Daily Deal Media, the number one resource for news, events, data and intelligence for the Daily Deal Industry. There is nothing Boyan enjoys more than being immersed in every aspect of the “product creation” cycle, followed closely behind “enabling content marketing channels” that give those products life. To interact with Boyan, follow him @boyanjosic. If that doesn’t work and it’s snowing, try Copper Mountain, Colorado.
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