On: Groupon’s Bad Deal

[InclinedPlane]

How about facebook? That was one of the most artful manipulations of the IPO system ever conceived. They didn't even make a majority of the company public, and yet managed to rake in a preposterous amount of money and cash out all of the early investors to an absolutely ridiculous degree. The stock is still down nearly 30% from the IPO level.

[gus_massa → InclinedPlane]

Facebook lost "only" a 27% of the initial price (maximal lost was 53%). Groupon lost 80% of the initial price (maximal lost was 90%)!

[antr → InclinedPlane]

You are right, Groupon is not alone, FB and Zynga are the two other which come to mind in these recents times.