Groupon CEO: IPO is a “small milestone”
- Posted by Tech Insidr
- on November 4th, 2011
“Our IPO is a small milestone on our journey…. With our IPO behind us, I couldn’t be more excited about what lies ahead.”
- Andrew Mason, Groupon CEO
Today, Groupon’s controversial CEO Andrew Mason said today that the company’s initial public offering was a ”small milestone”. Check out his full post on the company’s official blog.
I would say that Mason is selling himself short here – it’s amazing that Groupon has reached this point and he deserves a lot of credit for building one of the fastest-growing companies in history.
I’ll be active on the $GRPN front today – looking to get involved on the long side for a trade. These tough-to-borrow IPO’s often lead to a short-term pop on the first few trading days, so I’ll be approaching it from that perspective.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Rob a.k.a. Techinsidr has been trading stocks and following the stock market since 1997. He formerly worked at Intel Corporation in a Financial Analyst role, responsible for overseeing an annual budget of $160M... More » -
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