Groupon May Be Planning IPO

You will recall last month Groupon Inc. spurned a reported $6B buy-out from Google. Now, Bloomberg and the WSJ are reporting an IPO may be in the wings for mid-year (one report suggests Morgan Stanley is in the driver’s seat on this one), with participating bankers willing to suport an estimated company value of $15B. Really? This comes after Groupon's most recent round of venture capital raising, which netted close to $1B and valued the company at $4.75B.