Both Groupon and Zynga are slowly stumbling toward their initial public offerings. But don’t feel sorry for either company — it’s largely their own fault.
The Groupon and Zynga offerings were to have been the event of the fall I.P.O. market. Both companies were expected to make their debuts to fat valuations and large stock price run-ups reminiscent of the Internet boom.
Instead, both have been delayed, and in a much more volatile market, their expected values are starting to drop.
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