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Very interesting. It's clear that Groupon is willing to dedicate a lot of pre-IPO capital to the project. Facebook probably figures that it's not worth giving
by mathattack 15y ago
Very interesting. It's clear that Groupon is willing to dedicate a lot of pre-IPO capital to the project. Facebook probably figures that it's not worth giving up being profitable to do. At least not yet.
In many cases the second or third mover can still win. Think Yahoo and then Google in search. (Whatever did happen to Altavista?)