BI's cheat sheet on the Groupon (GRPN) IPO declares the controversial daily deals giant "a real...

|By:, SA News Editor

BI's cheat sheet on the Groupon (GRPN) IPO declares the controversial daily deals giant "a real business" that "will likely be nicely profitable" long-term, but also calls its valuation "very expensive," and raises concerns about decelerating growth and possible corporate governance issues. Groupon priced its IPO at $20 last night. (more)