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Success? GroupOn isn't profitable, it hasn't even returned via income the equity invested + accumulated losses. Anyone can hire tonnes of people, pay them, prov

• danso 14y ago
  ...But not Bill Nguyen (at least with Color). I probably gave more than $200 to Groupon during the time that I found it useful. I checked into Color over a period of weeks and never stayed on for more than a minute. So while both are money-losing ventures, I think Groupon should still be ranked higher than Color.
• hkmurakami 14y ago
  >Anyone can hire tonnes of people, pay them, provide a service/product, and still deliver negative equity returns. Anyone. Well I don't think anyone can successfully pitch investors and take millions of dollars of their hard earned (sometimes) money, but agreed on the other points.
  • antr 14y ago
    who is talking about raising capital? is raising equity capital a measure of a success? i'd say the contrary. equity is the most expensive source of financing. i've raised equity, and trust me, it's a mixed feeling.