The Tech Bubble Is Building

Online coupon company LivingSocial is in discussions with banks about a one-billion-dollar initial public offering (IPO). 

CNBC reports lead underwriting banks are likely to be picked by the company at the end of the week.  The IPO is expected to value it at ten-billion to 15-billion-dollars.  LivingSocial is projected to pull in revenue of about one-billion-dollars this year.

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