Groupon

E-commerce / local dealsUSA

New to Unitard

📉 Public < $1B

Peak $16.5 BillionToday

−96%

from peak

🦄
Became a unicorn
2011
📈
Peak valuation
$16.5 Billion ’11
💔
Became a Unitard
2020
💸
Last valuation
~$656M

Current status

Public (Nasdaq: GRPN)

Live · GRPN· NasdaqGS

as of 2026-10-23

$16.12▼ 2.72% today

≈ $656 Million market cap · −96.0% from peak

The rise & fall

8 moments · 2008–2024

The key moments, with employee sentiment along the way.

2008

Founded in Chicago

Andrew Mason's daily-deals email becomes the fastest-growing company anyone had seen.

Wikipedia

Dec 2010

Turns down Google's $6B

The most second-guessed “no” of the era.

WSJ

Nov 2011

The peak: a $12.7B IPO$16.5B

The biggest U.S. internet offering since Google; market cap tops out near $16.5B.

Macrotrends

Feb 2013

Mason is fired

“After four and a half intense and wonderful years... I've decided that I'd like to spend more time with my family. Just kidding — I was fired today.”

CNBC

2020

Slips out of the club

Market cap closes under $1B for good.

Macrotrends

2020–25

From the inside · Glassdoor reviews, 2020–25

Glassdoor reviews trace morale sliding through the decline — repeated layoffs and offshoring — and, after a European investment firm took control, a rift between US staff and overseas leadership.

2024

Czech investors take the wheel

Pale Fire Capital's stake makes Prague the new center of gravity.

Reuters

Today

Still in the club — and still trading

Live · GRPN · NasdaqGSas of 2026-10-23

$16.12▼ 2.72% today≈ $656M cap · −96.0% from peak

💬 entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗; dated facts carry their source.

How it happened

Groupon pioneered the daily-deals model — emailing subscribers steep discounts on local restaurants, spas and activities — and its November 2011 IPO valued it at $12.7B, the largest internet offering since Google, before its market cap peaked near $16.5B.

The model proved far less durable than hoped: merchants soured on deep discounting, subscribers tuned out, and Groupon cycled through strategies and CEOs for over a decade, its value shrinking roughly 97% to around $500M.

Source: TechCrunch / Macrotrends / CSMonitor ($12.7B IPO valuation Nov 2011, market cap peaked ~$16.5B; ~$483M market cap by 2026, -97%)

Founder

Andrew Mason
Founder & CEO who took Groupon public in 2011 (peak); ousted 2013
Now Member Board of Directors at DescriptLinkedIn ↗

Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.

Disclosed investors (25)

Historical funding participation; lists may be incomplete and do not establish current ownership or investor losses.

* Lead in a funding round · Crunchbase ↗ · 2026-10-13 · Methodology · Leaderboard