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TECH RICHES

Groupon CEO Mulls Going Public

Here’s a deal you’d like to see on Groupon: The daily deals website’s CEO, Andrew Mason, said Monday he’s still mulling whether to take the company public, with an estimated public offering valued at $1 billion to $1.5 billion. “We’ve met a bunch of bankers, we’re exploring whether or not it makes sense for us but we haven’t made a decision,” Mason said Monday. Mason also wouldn’t comment about the widespread rumor that Groupon rejected a $6 billion offer from Google, which insiders say is now developing its own special-offer coupon service. Groupon has grown to 50 million users in 500 cities in 40 countries, and is estimated to have saved users $1 billion.

January 24, 2011 2:03 PM