In August 2010, Forbes called the Chicago-based platform the “fastest growing company ever.” The following year, it IPO’d at a $17.8B market cap.
Today? Groupon is worth just $103m — a 99.4% plummet from its IPO. And though it does maintain ~14m active users, it had 83m+ subscribers in 2011, per TechCrunch.
More here – theHUSTLE.
PS: If Google ever knocks on your door and offers you $6B (apparently $8.27B in today’s money) for your business and you knock them back ask yourself what you are holding out for?
