Auhasardrobert
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- Apr 28, 2010
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I know Groupon's the scourge of the internet at the moment, but I'm curious what you all think. On the surface it looks like one of the most colossally stupid decisions of all time. But if they really are (or are soon about to be) making 2B top line with a 50% profit margin... why isn't the company worth 6B+?
One of the most obvious criticisms is that there's no barriers to entry. I get it, but a website offering videos could have been easily replicated and YouTube's doing alright. And there's something to be said about a brilliant name with instant recognition - YouTube and maybe now Groupon?
Thoughts?
One of the most obvious criticisms is that there's no barriers to entry. I get it, but a website offering videos could have been easily replicated and YouTube's doing alright. And there's something to be said about a brilliant name with instant recognition - YouTube and maybe now Groupon?
Thoughts?