Groupon’s CEO, Andrew Mason.
Photo: Liz Hafalia/Chron
After a mere three years in existence, Groupon Inc. is nearing a valuation of $3 billion, having expanded to 29 countries and projecting sales of about $500 million this year. They’re now seeking more funding, so it looks like they’ll continue their rape-by-coupon assault on small businesses for quite some time to come. [Bloomberg/Chron, Earlier]
