Groupon IPO

[Chris.C]

Just read:

http://www.bloomberg.com/news/2011-...-after-pricing-its-ipo-above-price-range.html

I liked this quote in particular:

“This stock is very much like a lottery ticket,” said Espen Robak, president of New York-based Pluris Valuation Advisors, whose firm helps private companies value their stock and other securities. “You could argue it’s a very expensive lottery ticket.”

I reckon Groupon have done really well for themselves.

Thoughts?