TECH
11/04/2011 01:10 pm ET | Updated Jan 04, 2012

Groupon Value: 11 Companies Worth Less Than Groupon (SLIDESHOW)

Groupon, the daily deal company that has spawned thousands of competitors, made its long-awaited public debut on the Nasdaq Stock Market on Friday.

According to Reuters, Groupon raised $700 million in its IPO, the biggest initial public offering by a web company since 2004, when Google raised $1.7 billion.

From the Associated Press:

On Thursday, the company priced its IPO at $20 per share. That was above its expected range of $16 to $18. It gave Groupon a market value of $12.7 billion, above only Google's among tech companies. With Friday's stock price jump, Groupon's value rose to $16.76 billion.

While it doesn't hold a candle to the world's most valuable companies, Groupon is now worth more than many household names that have been publicly traded for years.

Check out the slideshow below to see 11 companies that are worth less than Groupon. After all, $12.7 billion is quite a bit of cash for a coupon company.

NOTE: At the time of this writing, Groupon's fluctuating stock price had driven the company's valuation up to $16.76 billion.

LOOK: Nine Companies Worth Less Than Groupon