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Speaking of interest rates, I'm not sure how Groupon's model works, but it's possible that their payment terms let them generate interest income on all of the r
by jambo 16y ago
Speaking of interest rates, I'm not sure how Groupon's model works, but it's possible that their payment terms let them generate interest income on all of the revenue. If they continually generate 30+ days of float, that's potentially interesting, especially if rates go up; although, I doubt it would register in this valuation.