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Tuesday, December 28, 2010
Groupon?s Valuation Could Be As High As $7.8 Billion [Update: We Have The Document And The Actual Valuation]
Note: A source is now telling us that the valuation is $4.75 Billion on a $950 Million Raise. According to a VC Experts report, Groupon gave the State of Delaware a heads up on December 17th with an Amended Certificate to authorize a $980 million round of Series G funding. While this doesn't necessarily mean the company will be raising that amount, it does give it the capacity to do so. The report says to expect a SEC Form D with the exact amount of finacing to be filed next week.
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