4 ms·

Groupon is still a thing?

awakeasleep 14y ago
Groupon is actually a Big Thing. You might have heard about the economy having a downturn, and tons of young people being stranded without great careers? Well it turns out Groupon allows them to live the lifestyle the media has led them to expect, and people across the country are buying Groupons on a daily basis. Have you checked out the site recently? For a random trip to Groupon, I'm more likely to buy something than I am through Amazon's recommendation system. It's gone from a coupon a day gimmick to a remarkable candyland of consumption. Remember how much you liked Woot? Groupon is a bit like woot on DMT. Except old people who type 'google' into their bing toolbars bring up what they bought on Groupon yesterday, when they've never heard of Woot. Groupon has some of the highest customer service and business satisfaction ratings in the industry. (Apple has them beat though. So maybe they are crap. heh) They have problems, thats for sure. And while they're profitable, they aren't 'magic' profitable. But I've managed to start letting go of the bitterness that came from the fact that I could have thought of the idea, and the fact that all it took was an idea 'anyone' could have had to launch the business (no genius technical skills or miracles of operations) and begun to embrace Groupon. Coupons to restaurants out of my price range have helped me seal the deal in two relationships so far. I've bought well-received presents for family and friends from their Goods program. I see they have a Point of Sale system that seems to be appearing in more and more businesses in my area. They have a square alternative. They have an unheard-of calendaring system that helps shitty non-tech businesses schedule appointments and incentivize slow periods , and it doesn't even have competition, period. Yeah, they should have kissed ass on Hacker news a bit more. I don't think Mason even reads this site. But in the end, aren't we a bit of a circlejerk here? No, Groupon is a very Real Thing. They have business relationships with every business in the country they're interested in. Their competitors are dying off. The cat has sprayed a Groupon logo on as many businesses as have a Twitter or Facebook sticker in their windows. And they're in an interesting phase now. Mason may be on the way out. The founding work may have been done. The product lines may be settled. "Real" management may be on it's way in, and they have a juicy company to cut fat from and pour resources into the right directions. I'd stake my etrade on it.
nvr219 14y ago
I don't think so.
batgaijin 14y ago
awakeasleep: your account is dead. also you use too many words words words words.

Groupon is actually a Big Thing. You might have heard about the economy having a downturn, and tons of young people being stranded without great careers? Well it turns out Groupon allows them to live the lifestyle the media has led them to expect, and people across the country are buying Groupons on a daily basis. Have you checked out the site recently? For a random trip to Groupon, I'm more likely to buy something than I am through Amazon's recommendation system. It's gone from a coupon a day gimmick to a remarkable candyland of consumption. Remember how much you liked Woot? Groupon is a bit like woot on DMT. Except old people who type 'google' into their bing toolbars bring up what they bought on Groupon yesterday, when they've never heard of Woot. Groupon has some of the highest customer service and business satisfaction ratings in the industry. (Apple has them beat though. So maybe they are crap. heh) They have problems, thats for sure. And while they're profitable, they aren't 'magic' profitable. But I've managed to start letting go of the bitterness that came from the fact that I could have thought of the idea, and the fact that all it took was an idea 'anyone' could have had to launch the business (no genius technical skills or miracles of operations) and begun to embrace Groupon. Coupons to restaurants out of my price range have helped me seal the deal in two relationships so far. I've bought well-received presents for family and friends from their Goods program. I see they have a Point of Sale system that seems to be appearing in more and more businesses in my area. They have a square alternative. They have an unheard-of calendaring system that helps shitty non-tech businesses schedule appointments and incentivize slow periods , and it doesn't even have competition, period. Yeah, they should have kissed ass on Hacker news a bit more. I don't think Mason even reads this site. But in the end, aren't we a bit of a circlejerk here? No, Groupon is a very Real Thing. They have business relationships with every business in the country they're interested in. Their competitors are dying off. The cat has sprayed a Groupon logo on as many businesses as have a Twitter or Facebook sticker in their windows. And they're in an interesting phase now. Mason may be on the way out. The founding work may have been done. The product lines may be settled. "Real" management may be on it's way in, and they have a juicy company to cut fat from and pour resources into the right directions. I'd stake my etrade on it.

nvr219 14y ago

I don't think so.

batgaijin 14y ago

awakeasleep: your account is dead. also you use too many words words words words.