GROUPOCALYPSE NOW!

The Inevitable Groupon Stock Apocalypse is Here, and The Face Of It is Some Drunk Kid We Met at a House Party

groupon-cat-360

Remember that time that one daily deals company IPO’d, and everyone was really excited about it, except for those crazy, mean naysayers (like Google searches for it) who were like, “this will not end well because Groupon is basically a very sophisticated Ponzi scheme” and made flow charts that may have suggested this?

Well, guess what? Today, those people are eating Correct Sandwiches for lunch. Read More

GROUPOCALYPSE NOW!

The Groupon (GRPN) IPO Day 1 Liveblog!

Groupon IPO at 1:52 PM

Apologies for not starting sooner, but certain members of Betabeat have spent the morning in their boxer-briefs breathing into a paper bag in the fetal position, as they burn printed out Groupons and smudge sage over a well-adorned shrine to Groupon Cat and Skanda.

Either way, we’re well into Groupon’s first day on the NASDAQ as a publicly traded company, and BetaBeat will be liveblogging the IPO for the rest of  the day, all the way through next Friday.

Yes folks, we’ll be giving you updates in arbitrary chronological marks as this thing keeps going through it’s first week. But for now, let’s get to Day 1. Read More

GROUPOCALYPSE NOW!

The Groupon IPO Guessing Contest: Win a Cookie!

GROUPON CAT WILL GO TO THE CLUURB THIS WEEKEND, WILL BUY BOTTLE SERVICE STILL, JUST NOT FOR EVERYONE.

Groupon’s IPO is going to be priced sometime today! It goes on sale tomorrow. THE MOST IMPORTANT IPO IN DAILY DEALS HISTORY IS FINALLY HERE, HAROLD CAMPING! So, we’re having a contest. Here’s how it works:

1. Betabeat will make guesses on the IPO, both the IPO price and the price at day’s end.

2. If any of your guesses are closer to the actual IPO than Betabeat’s, we will give you a cookie. A real cookie.

3. No cheating, no going to the future and finding out what it is, no insider trading, no guesses from Andrew Masons, Groupon Cats, or Pets.com dogs. Read More

IP Uh Oh

Groupon Off: The Juiciest Bits from Business Insider’s Massive Groupon Story

BAD KITTEH.

Groupon, Groupon, Groupon: Everyone’s talking about the original daily deals company in the leadup to their public debut on the markets. Everyone has a theory about what their company is and isn’t; what their future can be and can’t. And Business Insider—ever so often derided for their cut-and-paste journalism—did something late last night with Groupon that they sometimes tend to do: published a sprawling, sensational, and sourced piece of reporting that covers entire swaths of narratives both primary and otherwise on a hot subject. Meet “INSIDE GROUPON: The Truth About The World’s Most Controversial Company.

It doesn’t contain any groundbreaking revelations on the company. It’s not going to open them up to further points of scrutiny or single-handedly change the fate of Groupon’s IPO.

But it does offer some great insight from the inside and it  is, admittedly, an excellent read. Here are our favorite parts: Read More