According to Bloomberg, the daily-deal site Groupon will be selling its shares to the public starting next month. Groupon’s market value would be about $11.4 billion following the launch of its Initial Public Offering this November. The decision comes following Google’s buyout bid back in 2010 valued at $6 billion.
While the three co-founders; Eric Lefkofsky, Bradley Keywell and Andrew Mason, will collectively own more than a third of Groupon’s common stock, they will also share more than 58 percent of the voting power.