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The investors must have had one of those 75% off coupons. I honestly don't understand how these sites manage to raise any money at all, regardless of valuation
by photorized 14y ago
The investors must have had one of those 75% off coupons.
I honestly don't understand how these sites manage to raise any money at all, regardless of valuation.
- jonnysilk 14y agoIn the early years of Groupon it was seen as coupons moving online to create a new business model that was going to drive retail. The sites had off the charts growth, huge revenue dollars that were growing just as fast and the land was up for grabs. Even Google got suckered into this when it tried to buy Groupon for billions in cash, I can see where the investors were coming from, well at least before 2011.