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It wasn't for founders to realize because as far as they were concerned things were going great. It were the merchants who had to realize that they were being u
by kops 13y ago
It wasn't for founders to realize because as far as they were concerned things were going great. It were the merchants who had to realize that they were being used to fuel the engines of Groupon. Another big loser in this game would have been the investors who wanted to ride the engine. Whether they knew it or not, but founders and customers had a party at someone else's expense. I kind of feel sorry for the merchants.
- smoyer 13y agoSo true ... I don't want to paint the wrong picture of the Groupon founders, but it wasn't in their short-term interest to notice either. (Please note that I have no knowledge of what was or was not known inside Groupon and there are certainly psychological studies that show you won't necessarily identify with a reality that contradicts your perception).