2 ms·
"these sorts of things are virtually impossible to predict" Respectfully - no. (And by that I mean respect++ - I learned a lot from your book!) The company h
by andyl 14y ago
"these sorts of things are virtually impossible to predict"
Respectfully - no. (And by that I mean respect++ - I learned a lot from your book!)
The company had been around awhile, and there was data to guide the decision. Growth rates, customer acquisition costs, engineering costs, etc. At the time of the offer, a lot about Groupon's financial model was well known. It could have led to a better decision.
- scott_usa 14y agodata + discounted cash flow model = THE FUTURE