According to Chicago Breaking Business, Groupon is considering going public but not until 2011 if it does indeed happen.
Groupon's presence in 35 countries worldwide with more than 3,000 employees and an annual revenue of $500 million is an impressive thing for a start-up business.
Google could have really benefited from these lucrative local/interpersonal advertising clusters all over the world. It also doesn’t have to create its own carbon copy of the deals site. Thirdly, it can ride Groupon’s instant brand recognition.
There are several reasons why a company might not want to sell out. The founders of Groupon have discovered a new flourishing working model and could want to see it all the way through regardless of how much money is dangled in front of them. Or they could just be holding out for a higher number.
But Groupon is expanding and hiring more employees this year, so whatever happens, Groupon is not going away.
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