Andrew Masen, Eric Lefkofsky and the Start Up History of Groupon
Today, Groupon.com is the biggest deal of the day site in the world. Its name comes from the words “group” and “coupon” and it is a place where you can buy stuff at really big discounts, reaching 90% for some offers. When the company went public on the 4th of November 2011, it was valued at nearly 13 billion dollars. That made the event the biggest IPO (Initial Public Offering), since Google‘s. Having in mind that at that time Groupon was a relatively new company (only 3 years old) and it had never made even a penny of profits, this...