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I'm not sure that Groupon ever had - or ever will have - a viable business model. It raised enough money when it IPO'd to keep it solvent but that safety net ap

I'm not sure that Groupon ever had - or ever will have - a viable business model. It raised enough money when it IPO'd to keep it solvent but that safety net appears to be on the verge of running out - http://jackgavigan.com/2015/11/04/is-groupon-on-a-glide-path-to-bankruptcy/ http://jackgavigan.com/2015/11/04/is-groupon-on-a-glide-path... I'd love to know whether Mason and Lefkofsky ever genuinely believed they had created a viable company or whether they knew they were riding an unsustainable growth hack.

deleted 11y ago
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hitekker 11y ago
My money is on the later. I recall reading an article in which Groupon got extremely tight-lipped about the viability of its business model. Like someone asked a few questions about how sustainable it would be once it scaled and then the person representing Groupon basically went into siege mode and gave only short, resentful answers. Wish I bookmarked that one.