4 ms·
the groupon rise and implosion has been pretty spectacular
by vaksel 15y ago
the groupon rise and implosion has been pretty spectacular
- anigbrowl 15y agoIndeed. You were among the few skeptics when Goupon rejected Google's buyout offer, and even you predicted it would take 2 years for the irrational exuberance to fade: http://news.ycombinator.com/item?id=1967975 http://news.ycombinator.com/item?id=1967975 On the plus side, the company seems to be creating massive consumer surplus; Mrs. Browl seems to do half her shopping through Groupon. At this stage, the company doesn't look to be doing any worse than Bank of America or the Eurozone, so I guess they'll stagger on for a while yet. Maybe I'll buy a few shares in the IPO. If I have kids and they ask why I won't buy them a car, I can pull out the share certificates and start waffling about the Dark Days of Great Recession until they get bored and take a bus.
- deleted 15y ago[deleted]
- dasil003 15y agoShadenfreude at its best