Wall Street is not infallible as we’ve so clearly learned over the past four years. Bad decisions yield worse decisions and the dominoes tumble. With that said, news from Kara Swisher at AllThingsD about raising the first half of their funding goals is all I need to know to believe that GroupOn is here to stay.

“Groupon has raised half of a $950 million funding, getting $475 million from a range of top-drawer investors, said sources close to the situation.”

To be honest, I probably had my mind made up already and this is just icing on the cake.

When an Internet-based company receives funding from angels and VCs, debates often rage over whether the investment was sound. There are too many examples of companies receiving 8- and 9-digit rounds of funding that turn into disaster. When names like T. Rowe Price, Fidelity, Capital Group and Morgan Stanley combine to put half a billion dollars in a web company’s corner, the chances for success are strong.

GroupOn has demonstrated incredible growth as well as resiliency against an onslaught of competitors. The business model is sound because it appeals so well to both sides of the cash register – businesses and consumers alike are in love with the service. To be valued over $4 billion before really emerging as a household name means something.

It means success.

This Inforgraphic illustrates the time-line behind their meteoric rise. Click to enlarge.
The Amazing Rise of Groupon
[Source: Online MBA]

Written by JD Rucker
JD Rucker is Editor of this site as well as The New Americana, a Conservative News Aggregator. He is a Christian, a husband, a father, and co-founder of the Federalist Party. Find him on Twitter or Facebook.