Toxic Workplaces: How to Stay Positive
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Keeping a positive mindset in a toxic work environment can be an extremely difficult task. I've spent some time in toxic work places and motivating workplaces and there is a vast difference between employee moral …

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Groupon: $12.7B to $18.75B in one day

Submitted by on Friday, 4 November 2011No Comment
Groupon: $12.7B to $18.75B in one day

Chicago based ad tycoon Groupon launched their IPO on Thursday for a whooping $20 per share, ahead of investor predictions. Investor confidence soared for this tech giant with its latest stock price at $29.52 or 48% increase in stock value. This isnt atypical given other large corporations have seen their stock soar after the initial IPO. For example LinkedIn saw a drastic increase in stock value from $45 to nearly $123. Groupons opening stock valuated the company at 12.7B to which now is 18.75B. Some analyst suggest that Groupons business model is unsustainable and although there is initial investor interest, this is still somewhat of risky investment.

Groupon is famous for emailing users local adds that help people save money. Although some have question their business model as well as their accounting practices, investor confidence clearly shows that Groupon is no joke and its here to stay. Other competiors such as Wagjag and LivingSocial have upped their anti with new programs such as daily deals and even grocery offerings.

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