Saturday, January 8, 2011

Biz:The Amazing Rise of Groupon


Without question, 2010 was Groupon’s year to rise and shine.
While it might not have reached FacebookFacebook-like ubiquity or become a household name in middle America, this startup certainly made huge waves in the past 12 months.
As competition in the daily deals space became more intense, Groupon blew its competitors out of the water, garnering the startup a massive, $6 billion acquisition offer from GoogleGoogle — an offer that Groupon quickly rejected.
And just a week ago, the company announced a huge round of funding— a $950 million Series G that put the company’s post-money valuation in the $6.4 billion to $7.8 billion neighborhood.
Here’s a tidy little infographic that sums it all up, including some interesting stats and numbers that flesh out the story of Groupon’s rise to the top. Click to see the full-size version.

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