/// Groupon’s Public Offering Will Bring Big Bucks to a Select Few
Groupon, the once-beloved and more recently maligned daily deals site, is finally expected to go public this week. Offering 30 million shares at $16-18 each, the IPO will value the Chicago-based company, at most, at roughly $11.4 billion—a significant discount from the $25 billion valuation floated for it earlier this year. Citing recent executive departures, business model weaknesses, and rivals in the online deals business, more than a few industry observers are bearish about Groupon’s prospects and say even the current valuation is too high. But when the company starts trading on the Nasdaq Friday, under the ticker symbol GRPN, it’s still expected to bring millions—if not billions—to some investors. Meet a few of the IPO’s biggest winners. Who's Who in Groupon's IPO ANDREW MASON The 30-year-old face of the company won’t crack the billionaire club. But he still stands to bank between $751 million and $845 million.