This content is rated TV-MA, and is for viewers 18 years or older. Are you of age?
Sorry, you are not old enough to view this content.
CNET News Video: Is the Groupon IPO a good deal?
About Video Transcript

CNET News Video: Is the Groupon IPO a good deal?

1:36 /

Chicago-based Groupon has established itself by selling online coupons for local businesses. Tech companies and investors will be closely watching as the 3-year-old company goes public later this week. CNET's Kara Tsuboi reports.

-San Francisco state home mom Joanna [unk] was an early adaptor of Groupon and its online deals. -I use it for certificates to get away, relax with the kids, family items that come up like kid lessons or art puzzles. -But over the years, her interest in the startup has faded. -I actually like Groupon less every year it's become, like I feel I got a lot of spam from Groupon. -[unk] is not alone with her muted enthusiasm. -The bloom has gotten off the road of level peak. There are competitors to Groupon, and they are popping up everywhere and the consumers are declining or slowing their use Groupon it looks like. Certainly, the growth of Groupon has decelerated. -In its 3-years of existence, Groupon has amassed more 50 million members worldwide, but is yet to turn a profit. Now, to raise money, an estimated half billion dollars the company plans on selling a chunk of itself to the public, but not all analyst or investors expect the stock to be a good investment. -This is a good stock to buy today and sell tomorrow and then we'll see. -Their values perceived it's not actual tangible. So, they could be incredibly viable and then lose everything next week. -Still this public offering is considered the biggest since Google in 2004 and could redefine business plans for many tech start ups. -A lot of high profile internet companies-- Facebook, Zynga, Angellist are looking to Groupon IPO to see if it works and if it does, it will make it for them to go public as well. -In San Francisco, I'm Kara Tsuboi cnet.com for CBS news.

New releases

The Armor A60 portable drive can...
2:10 October 24, 2014
CNET editor Dong Ngo did some blah blah talking and then a real-world drop test on the Silicon Power Armor...
Play video
Macan: Meet the very different...
21:47 October 24, 2014
Porsche Macan marks the beginning of several chapters for the carmaker, plus a new list of the safest cheap...
Play video
Help battling robots cause even...
6:03 October 24, 2014
This week on Crave, we take a closer look at the Hendo hoverboard, fly on a Virgin Galactic spaceship, and...
Play video
Bowers & Wilkins C5 Series 2: A...
2:00 October 24, 2014
The C5 Series 2 sounds better than the original and is one top in-ear headphones for less than $200.
Play video
Mr. Coffee gains some smart home...
2:27 October 24, 2014
The $150 Mr. Coffee Optimal Brew Smart brews 10-cups at a time and can be controlled by the Wemo mobile a...
Play video
The Philips 100W Equivalent LED...
1:20 October 24, 2014
We tested this bulb to see if it's a better buy than GE or Cree
Play video
Breaking open iPads, Groupon's...
2:54 October 24, 2014
The iFixit team reveals the secrets inside the new iPads, Groupon mimics Yelp, and Microsoft kills the free...
Play video
Vizio P series: Good and cheap...
2:31 October 24, 2014
The highly anticipated Vizio P series is among the cheapest 4K TVs available and delivers a very good picture,...
Play video