Institutional investors are entities such as banks, mutual funds, insurance companies, pensions and endowments, that pool large sums of money for investment purposes. Institutional investors own approximately 70 percent of the thousand largest US companies.
- Groupon Goes PublicAre you a subscriber to an online group-buying site? These sites offer deep discounts on all kinds of products and services. The latest news is that Groupon, the most prominent group-buying site, has just completed an initial public offering, which means it is selling its shares to the public. In this article, experts who watch the group-buying site industry consider the success of young, public companies like Groupon.