Groupon IPO: Is it the fastest growing company ever?
Groupon has filed for an initial public offering. In the past two years, Groupon has experienced an explosive growth.
Donald B. Marron is director of the Urban-Brookings Tax Policy Center. He previously served as a member of the President's Council of Economic Advisers and as acting director of the Congressional Budget Office.
Subscribe Today to the Monitor
In the first quarter of 2009, the online deal company mustered only a quarter of million in revenue. In the first quarter of 2011, it brought in almost $650 million.
Only slightly less wow, by the way, is the fact that Groupon lost $103 million in the first quarter. Marketing and SG&A are expensive.
The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here. To add or view a comment on a guest blog, please go to the blogger's own site by clicking on the link above.