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"Except cash." Like Twitter & Facebook, they have access to all the money they could ever want. Plus, Groupon's revenues are through the roof right now, right
by drgath 16y ago
"Except cash."
Like Twitter & Facebook, they have access to all the money they could ever want. Plus, Groupon's revenues are through the roof right now, right on par with Facebook's.
- slapshot 16y ago"Cash" to return to investors, not to take from new investors. Taking new investors (especially at such a crazy valuation) just raises the expectations even further and makes Groupon have to take ever bigger risks. I mean, seriously, a $6 billion valuation (if real) is $20 in _profit_ from every man, woman, and child in the United States. Not revenue, not EBITDA, but true profit returned to investors in 2010 dollars. That is a through-the-moon valuation.