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Suckering more local businesses out of money, I'd assume. Edit: Hurts cause its true.

• tptacek 14y ago
  Really Glassmap should be paying all of us now, am I right?
• rdl 14y ago
  I assume you mean Groupon suckers people out of money, not Glassmap. As far as I can tell Glassmap never charged anyone anything, so either they're really good at suckering local businesses out of money, or they weren't doing so. I also have some issues with Groupon's business practices (mainly, in that they have taken relatively unsophisticated small businesses for a ride at times, and the early cash-out by their finance guys was shady), but: 1) Glassmap looks like a mostly-tech/design team, and are good people. They're not going to be involved in anything shady, and are moral/ethical enough that they're exactly the kind of people you want to have working at a company like Groupon. 2) Groupon actually works great for certain kinds of businesses. For someone with high customer acquisition costs and good lifetime value, and low marginal cost, it's amazing. Like, "get one free laser hair removal session for $25", works great when you then sell the resulting 5 sessions at a "special discount of 25% if you pay after the first session". It's shitty for something like an airport restaurant, and in some cases those businesses stupidly went with the daily deals because they didn't think it through. In a few years, I suspect the daily deals model will be evolved even more, and local/mobile will have a lot to do with that.