A good article to read and reflect on - From 5 years ago. http://www.newyorker.com/magazine/2010/12/20/groupon-clipping http://www.newyorker.com/magazine/2010/

A good article to read and reflect on - From 5 years ago. http://www.newyorker.com/magazine/2010/12/20/groupon-clipping http://www.newyorker.com/magazine/2010/12/20/groupon-clippin... Some points that caught my attention (edited by me) ...Groupon’s got a healthy business. Almost forty million people, in more than a hundred and fifty cities around the world, have signed up for its e-mails,...Groupon isn’t going away. Unlike many Web companies, it’s been profitable from the start. (It takes fifty per cent of the revenue in every deal.) This year, it had half a billion dollars in sales, and estimates are that, before long, it could have as much as two billion dollars in revenue." End of my edits. India, where groupon is hugely popular, has behaved like a spin-off. It recently independently raised 20MM from Sequoia.