Groupon IPO may top price, It's Here Exclusive.

Groupon. They’re so wacky they make fun of Buddhists, stage mock tiffs with a Van Halen-lovin’ shut-in named Michael, and turn down $6 billion checks from Google

And now, the discount-of-the-day company has started down the road to its IPO riches.
Groupon just filed its long-anticipated S-1 with the SEC, the first formal notice that Groupon expects to launch as a publicly traded company very soon.
Groupon, the world’s largest collective-buying platform, has raised a hefty $700 million in its IPO, giving it a valuation of nearly $13 billion
The company started in November 2008 as part of The Point, an online community launched in 2007. Groupon features daily deals for various restaurants, spas and other businesses in over 175 North American markets and 45 countries worldwide. These offers are available to the company’s impressive +140 million strong subscriber base.
Daily deals pioneer Groupon priced its initial public offering late Thursday at $20 per share.
That's above its expected range of $16 to $18, indicating investors are excited to snap up the company's shares.

The price gives based Groupon Inc. a market value of $12.7 billion. That makes Groupon's IPO the second largest by an Internet company behind only that of Google Inc. in 2004.

In its filing, Groupon didn’t disclose how much money it expects to raise from its IPO. Our Journal colleagues previously reported Groupon could seek to raise as much as close to $1 billion at a valuation of about $20 billion. (Don’t be thrown by the $750 million number on Groupon’s filing. That’s just a placeholder number used to calculate filing fees.)
The investor prospectus does grace the public with our first in-depth look at Groupon’s finances and business details. Here are a few Groupon nuggets hot off the presses.
. As reported in the company’s IPO filing, its strategy going forward is to: 1) grow the subscriber base, 2) grow the number of merchants and 3) increase the number and variety of products through innovation. This planned expansion is the need for additional capital and why the company is floating its shares to the public
"It is many multiple times subscribed," said Scott Sweet of research firm IPO Boutique. "There is a strong likelihood that Groupon will price above the prevailing $16 to $18 range."

Soulja Boy arrested in Georgia and Channeling Tupac In Juices Exclusive

Soulja Boy: Main name DeAndre Cortez Way. better known by his stage name Soulja Boy Tell 'Em, or simply Soulja Boy, is an American rapper, record producer, actor, entrepreneur, and internet personality. he was born July 28, 1990.

Way has currently released three studio albums and one independent album: his debut studio album Souljaboytellem.com (2007), iSouljaBoyTellem (2008) and The DeAndre Way (2010) despite the success of several singles across both albums, such as "Kiss Me Thru the Phone" and "Turn My Swag On" (iSouljaBoyTellem) and "Pretty Boy Swag" (The DeAndre Way),
As of 2011, Way has confirmed he is working on his fourth studio album, entitled Respect My Hustle, which will be released in late 2011 or early 2012.
Authorities say hip-hop star Soulja Boy is facing a drug charge after police stopped his rental car in the west Georgia town of Temple on Interstate 20.
Temple Police Chief Tim Shaw tells The Associated Press that police stopped the rented Cadillac Escalade early Tuesday morning because a light wasn't working. He said officers found marijuana inside.
The artist, also known as DeAndre Cortez Way, was booked into the Carroll County Jail on charges of marijuana and firearms possession. He was subsequently released on $10,000 bond.
'I'm really still just thinkin' about it,' he tells Sway on 'RapFix Live.'
Soulja Boy Tell'em got the juice now. After the "Crank That" rapper announced that he would be remaking the 1992 film "Juice" and playing Bishop — the role that turned rapper Tupac Shakur into a movie star — some fans were up in arms. Soulja Boy appeared on MTV's "RapFix Live"
Soulja Boy's got the juice now. At least, according to his latest mixtape, he does. and used it to fuel Juice, his DJ Scream and DJ Swamp Izzo-helmed project. Inspired by Shakur's 1992 film of the same name, Soulja says he's simply feeding the people.
"This mixtape is called Juice. I'm giving the people what they want, giving the people what they need," he told Mixtape Daily.
SB tells 'RapFix Live' he wants The DeAndre Way to show 'Soulja Boy has grown, he's developed, he's matured, and he's going places.'
Soulja Boy Tell'em has gone on record with his goal to be taken more seriously as a lyricist.
On his new album, The DeAndre Way, however, more than just an artist who has an affinity for making the teen set dances. His career and his desire to win one of the music industry's most-coveted awards.
'Pretty Boy Swag' MC returns to 'Rapfix Live' this Thursday. his music has matured, you can ask him yourself this Thursday, when he makes his second appearance on MTV News' "RapFix Live."
Soulja Boy explains why he remains a fixture of DX headlines, and why you - supporter or hater - will continue commenting on the most talked about man in Hip Hop has firmly established himself in the music biz, surviving the sophomore jinx following his second major-label LP, iSouljaboytellem, and its “Turn My Swag On” success.
Forbes’ annual list of Hip Hop’s top 20 earners to sell massive amounts of CDs, downloads, ringtones, concert tickets, during one of the most difficult economic periods in American history.