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(Image from article: "Groupon to Pick Goldman, Morgan Stanley to Lead IPO")

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Yelp Moves Toward IPO, Picks Bankers

YelpInc., the online review website, has picked Goldman Sachs Group Inc. and Citigroup Inc. to lead an initial public offering that could value the company at up to $2 billion, according to people familiar with the plans. Yelp intends to file its IPO plans publicly within the next few weeks, said one person familiar with the matter. It's aiming to complete the sale in the first quarter, though timing may change with market conditions, the person said.

Senh: Another internet IPO. There's no mention of Yelp's revenue in the article, just a valuation. I hope it's not the start of another internet bubble.

 

Groupon to Pick Goldman, Morgan Stanley to Lead IPO

Groupon to Pick Goldman, Morgan Stanley to Lead IPO

Groupon is expected to pick Goldman Sachs and Morgan Stanley as its two lead underwriters for an IPO planned later this year. The IPO is expected to value the Chicago company at between $15 billion and $20 billion, these people said. The valuation could change depending on market conditions at the time of the IPO.

 

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