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

Comments

[SpaghettyIrish]

03:00 PM on 11/06/2011

Kodak didn't even make this list. Everyone waling around with a camera in their pocket or purse, and not one of em from the big yellow box.
Tragic.

[smashvision]

08:41 AM on 11/06/2011

Please fix the typo on the headline on the tech page. It's embarrassing.

[politisophical]

10:19 PM on 11/04/2011

HOLY SMOKES... RIM is around 10.5 billion.... how the mighty have fallen

[FalstaffsMind]

05:12 PM on 11/04/2011

I suspect Netflix is a buy. I don't hate Groupon, but it could have just as easily have been called Spam Me.

[CheaBoy]

05:11 PM on 11/04/2011

What is a comanies?

[LittleSanityLeft]

05:11 PM on 11/04/2011

A great way to show how grossly inflated the value of Groupon has become.

[furiousfroman]

01:47 PM on 11/04/2011

Overblown much? I won't predict Groupon's downfall or anything, but like LinkedIn, I don't see how being a publicly traded company is going to improve their product from a consumer standpoint.

[LittleSanityLeft]

05:14 PM on 11/04/2011

From an early investor standpoint it makes great sense. Consumers mean a lot less then you used to when you suddenly become a billionaire.

[Wilkby]

11:03 PM on 11/04/2011

And therein lies the problem.