Groupon’s IPO has the potential to pave the way for other social media firms at a pre-valuation that’s second only to Google’s since their debut in 2004. And, if they are successful / sustainable in the midst of a market that’s seemingly on a one-day up / the next day down roller coaster ride (over the past several months in light of the on-going global recession) others could soon thereafter follow suit. No pressure though…
(Source) The Mercury News: http://goo.gl/aSqoc