5 ms·

I believe Groupon is the first dead Unicorn

by dangero 11y ago

hkmurakami 11y ago
Groupon still has a $2.3B market cap. My vote is for Fab, which went from $1B to effectively $0.
therealarmen 11y ago
The public markets [1] would disagree. [1] https://www.google.com/?q=GRPN https://www.google.com/?q=GRPN
- streblo 11y ago
  How are you disagreeing? GRPN is at like 15% of where it opened.
ChuckMcM 11y ago
As I understand the definition that people have been bandying about, Groupon can't be a dead unicorn because they managed to go public. To be a Unicorn you have to be a privately held and venture backed company with a valuation (from your investors) of over $1B.) While GroupOn went public, and continues to this day, just as Zynga did.
xiaoma 11y ago
Groupon is still worth a couple of billion despite the beating it's taken from investors. Its revenue and EBITDA have consistently climbed in each year since going public, and there is plenty of cash on hand without a single cent of debt. As usual, the Motley Fool's analysis is excellent: http://www.fool.com/investing/general/2015/04/07/bull-vs-bear-groupon-inc-stock.aspx http://www.fool.com/investing/general/2015/04/07/bull-vs-bea...
- defen 11y ago
  GRPN is down nearly 46% since that was written...
  - xiaoma 11y ago
    That makes the bull side of the argument significantly stronger, especially given that N. American gross billings are up 12% year-over-year in the last quarter. I have no financial position either way, and I'm not claiming everything is rosy for GRPN but it's very far from being a "dead unicorn" and at least by my analysis the stock is pretty undervalued at the moment.
    - tedunangst 11y ago
      The lower the stock drops the more it will rocket up!
      - draw_down 11y ago
        The Motley Fool does seem to think that way sometimes.
    - dasil003 11y ago
      Groupon's problem is with repeat business. I think they're still churning through naive businesses that don't understand the value proposition. If they can't get repeat customers then their upside is limited. I would be very wary of judging Groupon based purely on historic cashflow.

I believe Groupon is the first dead Unicorn

by dangero 11y ago

I believe Groupon is the first dead Unicorn

hkmurakami 11y ago

Groupon still has a $2.3B market cap. My vote is for Fab, which went from $1B to effectively $0.

therealarmen 11y ago

The public markets [1] would disagree. [1] https://www.google.com/?q=GRPN https://www.google.com/?q=GRPN

streblo 11y ago
How are you disagreeing? GRPN is at like 15% of where it opened.

ChuckMcM 11y ago

As I understand the definition that people have been bandying about, Groupon can't be a dead unicorn because they managed to go public. To be a Unicorn you have to be a privately held and venture backed company with a valuation (from your investors) of over $1B.) While GroupOn went public, and continues to this day, just as Zynga did.

xiaoma 11y ago

Groupon is still worth a couple of billion despite the beating it's taken from investors. Its revenue and EBITDA have consistently climbed in each year since going public, and there is plenty of cash on hand without a single cent of debt. As usual, the Motley Fool's analysis is excellent: http://www.fool.com/investing/general/2015/04/07/bull-vs-bear-groupon-inc-stock.aspx http://www.fool.com/investing/general/2015/04/07/bull-vs-bea...

defen 11y ago
GRPN is down nearly 46% since that was written...
- xiaoma 11y ago
  That makes the bull side of the argument significantly stronger, especially given that N. American gross billings are up 12% year-over-year in the last quarter. I have no financial position either way, and I'm not claiming everything is rosy for GRPN but it's very far from being a "dead unicorn" and at least by my analysis the stock is pretty undervalued at the moment.
  - tedunangst 11y ago
    The lower the stock drops the more it will rocket up!
    - draw_down 11y ago
      The Motley Fool does seem to think that way sometimes.
  - dasil003 11y ago
    Groupon's problem is with repeat business. I think they're still churning through naive businesses that don't understand the value proposition. If they can't get repeat customers then their upside is limited. I would be very wary of judging Groupon based purely on historic cashflow.