Yeah but Friedman wouldn't have had the info we have now. According to his thesis of shareholder value above all else, Groupon did exactly what they were suppos

Yeah but Friedman wouldn't have had the info we have now. According to his thesis of shareholder value above all else, Groupon did exactly what they were supposed to. I wonder how it would've turned out had Andrew been able to stick to his guns. But that was never an option since it was structured to IPO from the very beginning because of all that crap with thepoint . com Don't believe they ever went bankrupt. Those stories you found might be the result of the dealsites not living up to the hype. There was a significant period of time where many investors believed those sites were gonna create the next Google. Their market cap is still around a billion I believe.