There comes a time in every traders life where you just have to take the money. My guess is the owners of Groupon have been asking Google whether they still had that cheque for a reported $6 billion they were offering.
Some trades/deals are life changes – the problem is most people dont recognise them when they see them…..
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A perfect IPO for the vendor means all the subscribers pay too high a price. Groupon and Facebook are great examples of this. It seems that greedy purchasers can’t pick the difference between a ‘real’ business with solid barriers to entry and an internet business which is at the top of it’s game and only down hill from there