Is LivingSocial Talking to Bankers About an IPO?
The social deals site is said to be talking to bankers about a $750 million capital raise ... and a valuation of up to $15 billion!
Groupon isn’t the only social deals company looking to move from Main Street to Wall Street. According to Reuters, LivingSocial is getting ready to make the plunge into public capital markets. The company is said to be meeting with banks and is seeking to raise $750 million in capital in an initial public offering. It’s said to be valued at between $10 billion and $15 billion.
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