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Agreed. But LivingSocial's response is also very damming of LivingSocial. They're fooked, to use a technical term.
by damoncali 14y ago
Agreed. But LivingSocial's response is also very damming of LivingSocial. They're fooked, to use a technical term.
- tptacek 14y agoNo it wasn't. They drily pointed out material falsehoods in a report. The onus is not on them to publish a counter-report that tells the opposite story. The PrivCo report is now a dead letter. It doesn't warrant a detailed response. If PrivCo is stopped-clock-twice-a-day right, well, they just fucked us all by poisoning the well.
- damoncali 14y agoI meant financially. They look to be in a terrible position.
- bitcartel 14y agoYeah, they just admitted that they're still not profitable, but apparently this extra $110 million will somehow do what the previous $818 million did not do.