Groupon: The deal is on

Groupon has filed an initial public offering for an estimated $750 million. So I guess that could be redeemed for $1.5 billion in stock?

I'm kidding, of course, because the collective-buying service's revenues are no joke, according to documents filed with the Securities and Exchange Commission. In Groupon's short 30-month lifespan, the website increased its revenue from $3.3 million in the second quarter of 2009 to $644.7 million in the first quarter of 2011.

Some other meteori

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