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Groupon (and everybody else looking at it) never stoped to think if their business model was good. They were so good executing it that no one thought it wouldn'
by soneca 13y ago
Groupon (and everybody else looking at it) never stoped to think if their business model was good. They were so good executing it that no one thought it wouldn't.
But the bill came.
- tvladeck 13y agoGroupon has a market capitalization of 7.3 billion USD.
- mooreds 13y agoFor more on that: http://investor.groupon.com/financials.cfm http://investor.groupon.com/financials.cfm Groupon had (in q3 2013, the latest I could find) 595M in revenue and 14M in operating income, an EPS of 0.02 excluding "excluding stock-based compensation and acquisition-related benefit", and 1.1B in the bank. Not a smashing success, but is it a failure? The jury is still out on this, imho.
- tomphoolery 13y ago> Not a smashing success, but is it a failure? The jury is still out on this, imho. Given that success and failure are both relative terms, I would say Groupon is only a "failure" if you're measuring it by the perceived success it would have. So I would say that if you expected Groupon to be a $10bil company, they are a failure...but if you expected Groupon to be a normal company of a few million in revenue, then they are an amazing success. Although Groupon may not have had the most lucrative business model in the world, I still feel like they've done a great job at "sticking to their guns" and not trying to enter all kinds of other markets (and failing miserably).
- soneca 13y agoBrazilian Eike Batista once had 34.5 billion USD. His main company had a market capitalization of 45 billion USD once. Now, bankrupted: http://www.reuters.com/article/2013/10/30/us-brazil-batista-idUSBRE99T19620131030 http://www.reuters.com/article/2013/10/30/us-brazil-batista-... In less than one year