ipo - The Groupon IPO Feeding Frenzy Begins

groupon bubbles ipo andrew mason valleywag

By Adrian Chen Nov 4, 2011 1:12 PM 9,783

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The Groupon IPO Feeding Frenzy Begins

Never underestimate the power of hype. When Groupon's clattering clown car went public today, its stock soared 40% to $28 a share from its IPO price of $20. Groupon CEO Andrew Mason—that Andrew Mason—is now worth $1.3 billion. Happy Friday!

[Photo via Getty]

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