Groupon famously turned down several garbage trucks full of money from Google a few months back, and VentureBeat has broken down some interesting data points about their recent IPO in an infographic. (“Grouponzi” scheme. Heh.)
In their very thorough breakdown, VB notes:
But the Chicago-headquartered company is still running at a loss despite the astonishing revenue growth, which went from $94,000 in 2008 to $713 million in 2010, according to the filing. Groupon has consistently lost money every quarter since launching except for one — the first quarter of 2010, when it brought in an $8 million profit. Comparatively, it lost $146.5 million in the first quarter of 2011.
Definitely an interesting read- would you invest in Groupon?
[Infographic courtesy of Online MBA]
