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It just doesn't seem like there's any room in the market for Groupon and all of the me-too startups. The business model for most of these companies don't seem t
by oacgnol 15y ago
It just doesn't seem like there's any room in the market for Groupon and all of the me-too startups. The business model for most of these companies don't seem to add up in the long run either.
- wiradikusuma 15y agoi'm curious, how is it that this business model not sustainable? isn't that being "broker" is always profitable? basically they're just middlemen between merchant and customers right?
- agotterer 15y agoNot if you raise $21M, acquire 6 companies and have over 100 employees.