4 ms·
It's funny to go back and read what this forum and the tech world was saying about Groupon a decade ago. It was valued at $30 billion! Everyone likes to point
by itsoktocry 6y ago
It's funny to go back and read what this forum and the tech world was saying about Groupon a decade ago. It was valued at $30 billion!
Everyone likes to point to the "infamous Dropbox comment" whenever people are negative here about a hyped startup, but it seems to me these stories are far more common; "you just don't get it!". This company minted millions (billions?) for SV insiders cashing out on the public, and was heralded as the fastest gowing company ever. All hype.
It's still alive, apparently (market cap < $1 billion), and still bleeding money.
- didip 6y agoIt missed the opportunity of its lifetime by not selling to Google.