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> I disagree. Based on nostalgic feelings about the 2000s? Warren Buffet and his daughter wrote a whole book on how to go over a company's P&L statements line
by jessedhillon 15y ago
> I disagree.
Based on nostalgic feelings about the 2000s?
Warren Buffet and his daughter wrote a whole book on how to go over a company's P&L statements line-by-line and determine whether or not it's a value. Groupon fails that test. That quote is about buying companies that are doing better than the market thinks they are -- and his methodology is a way to find and prove those cases on paper. Not with hunches.
Can you back this sentiment up with anything more than vague comparisons to Google?
- aresant 15y agoIf you're actually asking: "Groupon is no Google today, but they do have a visionary founder, an incredible brand, insane revenue growth, and address a real problem for merchants and consumers." or see my comments here: http://news.ycombinator.com/item?id=2618080 http://news.ycombinator.com/item?id=2618080 and here: http://news.ycombinator.com/item?id=2613546 http://news.ycombinator.com/item?id=2613546