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Groupon Sues Two Former Employees Who Now Work for Google
Tuesday, October 25, 2011 - 9:35am | 167Read More...Citing a tweet from Bloomberg West host Emily Chang, Business Insider reports that Groupon is suing two former employees, Brian Hanna and Michael Nolan, for stealing trade secrets. Hanna and Nolan left Groupon for Google Offers, the Groupon clone that Google (NASDAQ: GOOG) launched after failing...
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More Than 500,000 Room Nights Booked With LivingSocial Escapes
Friday, October 21, 2011 - 12:52pm | 301Read More...LivingSocial continues its week of bragging rights bliss. As Groupon prepares for its IPO, LivingSocial is getting its name in the news with a few accolades of its own. Now the company has announced that its Escapes division has booked more than 500,000 room nights. “Inspiring our members to book...
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Image Gallery: Six Things You Need to Know Before Groupon's IPO
Friday, October 21, 2011 - 11:43am | 94Read More...Groupon could start trading as early as November 4. Are you ready? If not, Benzinga has you covered with a full slate of coverage, including earnings updates and the latest news on the daily deals leader. Hit the link for our image gallery covering the six things you should know before the IPO....
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Groupon Strikes Back, Breaks Even, Plans to Sell 30M Shares
Friday, October 21, 2011 - 10:38am | 547Read More...The daily deals leader is turning out to be one lean, mean, fighting machine. Though it wasn't too long ago that Groupon CEO and co-founder Andrew Mason got into trouble for writing an internal memo that leaked online, it all seems like a distant memory now. Over the past few months, Groupon has...
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Benchmark Comments on Groupon's IPO Delay
Monday, September 26, 2011 - 11:42am | 112Read More...The Benchmark Company has published a research report on Groupon, citing that the company's IPO delay is the result of a slumping stock market and the resignation of the company's COO. In the report, Benchmark writes, "On Friday, Groupon filed an amended S-1 which restated revenue to reflect the...
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Groupon IPO Delayed No More? Daily Deals Giant Moves Forward With its Public Offering
Thursday, September 15, 2011 - 9:15am | 324Read More...Facebook and Zynga are out – but Groupon could be back in. According to the New York Times, Groupon is pushing ahead with an IPO launch in 2011 – possibly as soon as October. This would mean that Groupon's roadshow, which was postponed following the release of Andrew Mason's memo, could start by...
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Groupon Raises Revenue 13% in August
Monday, September 12, 2011 - 12:34pm | 226Read More...While other daily deals fall, Groupon continues to grow. Despite SEC questions and an IPO roadshow cancellation, Groupon is still going strong. In August, the company grew its revenue by 13% – an impressive number considering the challenge of competing in the daily deals space. Groupon also added...
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Groupon Employees Suing Company
Friday, September 9, 2011 - 3:26pm | 89Read More...Groupon's own employees have filed a class-action suit against the Chicago-based company, just a week after the company shelved its roadshow before its potential IPO. Former salesmen Ranita Dailey is the lead plaintiff on a class-action lawsuit again the company, claiming Groupon did not pay these...
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WSJ: Zynga - Virtual Products, Real Profits
Friday, September 9, 2011 - 1:20pm | 1303Read More...While both Groupon and Zynga were proposed to be IPOs in the second half of 2011, it appears now Groupon might be hedging a bit and pushing out their IPO data due to the theatrics in the market. Have not heard such language from Zynga yet. The WSJ takes a look at this unique hypergrowth online...
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Groupon Takes Aim at College Tuition
Wednesday, September 7, 2011 - 12:09pm | 242Read More...The skyrocketing costs of college tuition combined with the less than welcoming current job market can be quite daunting for recent graduates. Chicago-based Groupon is looking to ease some of that anxiety. On Tuesday, Groupon featured a graduate-level “introduction to teaching” course at...
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SEC Questions Groupon Over Leaked Memo; Roadshow Cancelled as the Company Re-examines IPO Timing
Tuesday, September 6, 2011 - 3:48pm | 266Read More...According to the Dow Jones Newswires, Groupon has received questions from the Securities and Exchange Commission over the outspoken memo that CEO Andrew Mason sent out to his employees late last month. The memo leaked and, within a matter of days, everyone knew what Mason was thinking. “The reason...
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Is Groupon Illegally Tooting Its Own Horn?
Friday, August 26, 2011 - 2:02pm | 418Read More...There is an article in the Wall Street Journal today discussing Groupon. That's nothing new, the company is set to go public before the end of the year, and many have deemed it the fastest growing tech company of all time. So why is this mention causing such a stir? It's because the company may...
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Groupon's Andrew Mason: "I've Never Been More Confident and Excited about the Future of our Business"
Friday, August 26, 2011 - 10:54am | 1085Read More...In an internal memo sent to thousands of employees, Groupon CEO and co-founder Andrew Mason breaks his silence. Kara Swisher of AllThingsD has scored an exclusive look at the memo, which addresses the silly (if not absurd) controversy surrounding Groupon's accounting practices. Known as ACSOI (...
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GSV Capital Soaring On Social Media Investments
Thursday, August 25, 2011 - 1:02pm | 43Read More...GSV Capital Corp (NASDAQ: GSVC) shares are soaring today, gaining more than 11% on news it has made investments in Twitter, Groupon, and Zynga. At last check, shares were up $1.47 to $15.55, a gain of 10.44% on 50,000 shares.
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25-Year-Old Goes from Corporate Day Job to Startup Success
Wednesday, August 10, 2011 - 3:47pm | 330Read More...One of those dream-come-true stories. Business Insider has published an interesting profile on Brittany Laughlin, the 25-year-old founder of Gtrot, a fresh startup that allows its users to share their travel plans, connect with friends and collect advice while scoring deals from sites like Groupon...

