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How long can groupon survive without more funding? The way their financials sounded, I doubt they could even carry on as they are currently through the end of t
by trotsky 15y ago
How long can groupon survive without more funding? The way their financials sounded, I doubt they could even carry on as they are currently through the end of the year. That's a lot of pressure in an economy that could be back on the ropes.
- deleted 15y ago[deleted]
- ForrestN 15y agoSeems like their core business is pretty counter-cyclical. If the economy goes down, it'll be harder to raise funding, but more people will want coupons and more businesses will be desperate for any short-term revenue.
- tokenadult 15y agoFrom the submitted article: "Its IPO filing in June revealed a company growing quickly, but losing a lot of money." It's tough on a company's future to lose money so consistently, so, yes, it's likely Groupon will not survive.