5 ms·
The fact that Groupon has to engage in such tactictss goes to show that they are hitting the limits. IMO they were idiots not to take the GOOG offer. It was a
by barista 16y ago
The fact that Groupon has to engage in such tactictss goes to show that they are hitting the limits.
IMO they were idiots not to take the GOOG offer. It was a huge one and I doubt they will ever reach that valuation again. Discounts like gropon never work I don't know many people who have give n the business a consistenty repeat busiinessafter going there first using a groupon.
The growth is staggering but not sustainable.
- anamax 16y ago> IMO they were idiots not to take the GOOG offer. It was a huge one and I doubt they will ever reach that valuation again. You're assuming that money is the only thing that counts for them.
- trotsky 16y agoThey're just in it for the social benefit of revolutionizing the day spa customer acquisition game?
- anamax 16y agoOr, they'd rather be in charge at a small company than a property manager at Google.
- akgerber 16y agoIt's not hard to build another small company when you're incredibly rich.
- nazgulnarsil 16y agoit's harder to build a profitable company when you're rich. instead of solving problems you'll be tempted to throw money at them.