* Groupon, Pandora meeting with IPO bankers-sources
* Groupon seeking "meaningfully-sized" IPO-source
* Pandora planning springtime IPO of about $100 mln-source
(Updates to add sourcing, comment, background)
By Clare Baldwin
NEW YORK, Jan 13 Online coupon site Groupon and
Internet radio company Pandora are moving ahead with plans for
initial public offerings, sources familiar with the matter told
Chicago-based Groupon is meeting with bankers to explore
prospects for an "meaningfully-sized" IPO after a recent bid
from Google Inc (GOOG.O) -- reported at $6 billion -- fell
apart, one source said.
The company's IPO could be for $1 billion to $1.5 billion,
If the IPO goes ahead, it would rank among the largest tech
IPOs in the United States of the past decade, according to
Thomson Reuters data.
It also may be an early sign that tech companies are eager
to take advantage of higher valuations triggered by the $450
million investment in Facebook by Goldman Sachs (GS.N) and
Russian firm Digital Sky Technologies that values the online
social networking company at $50 billion.
"Tech was always expected to be a big part of new issuance
this year but it does seem as though the Goldman-Facebook
announcement and Facebook's valuation in the secondary markets
has really accelerated plans for some of the leading tech
companies," said a source familiar with the matter.
Pandora met with bankers on Tuesday about a possible $100
million IPO and could pick banks to lead the offering as soon
as Friday, that source said.
The source was not authorized to speak publicly and
declined to be named. Groupon was not immediately available for
comment. Pandora declined to comment.
LinkedIn plans to go public this year, sources have said.
Microblogging site Twitter and Zynga, which develops social
online games, also are seen as potential IPO candidates.
Groupon has aggressively been raising capital. In December
it sold a $500 million equity stake, and on Monday, it
announced it had completed a $950 million round of financing.
(Reporting by Clare Baldwin; editing by Carol Bishopric)