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Groupon's created a ton of actual value with their product. Groupon's issues have less to do with value delivered and more to do with competition and their stoc
by zaidf 13y ago
Groupon's created a ton of actual value with their product. Groupon's issues have less to do with value delivered and more to do with competition and their stock being over-valued.
- comrade_ogilvy 13y agoAgreed. Inside of that (formerly) $16 billion company is a really wonderful $2 billion company fighting to get out.
- GVIrish 13y agoThe principle problem with Groupon wasn't the competition or the stock being overvalued. Groupon's main problem is that their acquisition costs were so high that they couldn't make money. Competition only became a drag on them when users began to get fatigued with daily deals. But even if users didn't get tired of daily deals, their business model simply wasn't on the path to profitability.
- zaidf 13y agoCPA is closely tied to competition.