KFBR392: Rapmaster2000: Even without the flaws in the business model, the fact that it was easily replicated and had low barriers to entry told you that investing in any singular daily deal entity was a bad idea. This is pretty basic business theory.I can't believe that Google offered $6B for it. Is there some Silicon Valley mania that causes rational people to think that any new thing is the next big thing?1. They were first to market and they were/are the biggest name. There are kids in highschool who could write the code for facebook, but they don't have a billion users. Heck, look at Coca-Cola; flavored sugar water that can be perfectly copied around the world...and they are still #1.
SacriliciousBeerSwiller: There are some very bright people working at Groupon...this I know for a fact. I don't understand how their operations are so hamfisted. Granted, the business model sucks, but even taking that into account it's like they aren't even trying.
Jerry Westerby: I know a guy that works there. A big group of us went to the beach for vacation last year, and he offered to bring a bunch of Groupon stock to build a bonfire.
skozlaw: I keep getting offers for laser hair removal and massage therapy from Groupon. The only offer I ever took them up on was a Cisco training voucher. I don't understand the connection.
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