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Groupon has the biggest internet IPO since Google

November 4th, 2011 by Joseph Ruthaford

It has been reported that Groupon is selling just about $700 million worth of stock in its IPO, this makes the famous daily deals company the biggest IPO tech of its kind since Google hit the stock market. To give you an idea of how big this actually is in 2004 Google’s IPO ended up raising $1.67 billion dollars. After 7 years of Google’s IPO they have become one of the biggest companies in this country and is valued at nearly $200 billion. Now the question is will Groupon be the next Google? I found this data from Capital IQ of the top 10 list of US Internet software and services IPO’s.

1) Google/Aug. 2004 — raised $1.67 billion
2) Groupon/Nov. 2011 — $700 million
3) LinkedIn/May 2011 — $352.8 million
4) Bankrate/June 2011 — $300 million
5) Spark Networks/Feb. 2006 — $258.8 million
6) Limelight Networks/June 2007 — $240 million
7) Equinix/Aug. 2000 — $240 million
Akamai Technologies/Oct. 1999 — $234 million
9) Dice Holdings, July 2007, $217.1 million
10) Internap Network Services, September 1999, $190 million

Related posts:

1. Groupon going an IPO of $750 million
2. LinkedIn IPO Values big
3. Google making money
4. Pandora’s IPO valued at $2.56 Billion
5. LinkedIn Founder to have $5.14 Billion stake after IPO