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Totally disagree. Andrew is a super smart and generous guy, built an extraordinary company, albeit not as successful now but still multi-billions in value. Loca
by pbreit 11y ago
Totally disagree. Andrew is a super smart and generous guy, built an extraordinary company, albeit not as successful now but still multi-billions in value. Local business, a totally admirable market to serve, has a very difficult time marketing and Groupon is/was a godsend.
- wpietri 11y agoNot knowing him, I have no opinion on his smartness and niceness. But as far as I'm concerned, Groupon was an enormous pump-and-dump built on a short-lived marketing fad. I agree that local business is a great market to serve, which is why I think Groupon is especially repulsive. In his race to cash out, he caused enormous pain to an enormous number of local businesses. Whether he did that willfully or negligently I have no idea, but either way his attempt to chipper his way out of Groupon's history is sad.