βΒ $765 Million market cap Β· β95.4% from peak
The rise & fall
8 moments Β· 2008β2024
The key moments, with employee sentiment along the way.
2008
π±
2008
Founded in Chicago
Andrew Mason's daily-deals email becomes the fastest-growing company anyone had seen.
Wikipedia
Dec 2010
Dec 2010
Turns down Google's $6B
The most second-guessed βnoβ of the era.
WSJ
Nov 2011
π
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
Feb 2013
Mason is fired
βAfter four and a half intense and wonderful years... I've decided that I'd like to spend more time with my family. Just kidding β I was fired today.β
CNBC
2020
π
2020
Slips out of the club
Market cap closes under $1B for good.
Macrotrends
2020β25
π¬
From the inside Β· Glassdoor reviews, 2020β25
Glassdoor reviews trace morale sliding through the decline β repeated layoffs and offshoring β and, after a European investment firm took control, a rift between US staff and overseas leadership.
2024
2024
Czech investors take the wheel
Pale Fire Capital's stake makes Prague the new center of gravity.
Reuters
Today
Today
Still in the club β and still trading
Live Β· GRPN Β· NasdaqGSas of 2026-09-17
$18.81β² 2.90% todayβ $765M cap Β· β95.4% from peak
π¬ entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor β; dated facts carry their source.
How it happened
Groupon pioneered the daily-deals model β emailing subscribers steep discounts on local restaurants, spas and activities β 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 Descript Β· LinkedIn β
Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.
