Why Groupon Is Poised For Collapse
Groupon was forced to restate fourth quarter earnings, sending its stock down 6% in after-hours trading. This surprised me as much as my $2 investment in the Mega Millions jackpot not paying off.read more
View ArticleGroupon's Boston Problem: Copycats
As Groupon clones have proliferated, the loyalty to Groupon of both consumers and merchants offering online deals has eroded.
View ArticleLivingSocial picks BofA, JPMorgan, Deutsche for IPO
LivingSocial has picked Bank of America Merrill Lynch, JPMorgan and Deutsche Bank to lead-underwrite an IPO that could value the daily deals site at $10 billion to $15 billion, two sources with...
View ArticleAnalysis: Groupon growth lures rivals, regulators
Groupon Inc's rapid growth has attracted rivals and regulators, a twin threat to the largest online daily deal company as it gets ready for an initial public offering.read more
View ArticleGroupon IPO on hold as SEC questions remain
Groupon is going to wait at least a couple of weeks before launching the final phase of its initial public offering because regulators still have questions for the daily deals website and the stock...
View ArticleSEC Cuts Off Some Aggressive Accounting At Groupon
I wrote here at Forbes in May about the dangerous trend of unaudited numbers being used by companies, media, and investors to evaluate the potential of these IPOs... As long as they get their return...
View ArticleWith Hungry Academy, LivingSocial aims to build its own techies
In groups of four, the soon-to-be graduates of LivingSocial’s inaugural Hungry Academy stepped in front of their peers last week to present their capstone projects: a fully functional Web site built to...
View ArticleGroupon stock caps off a week of lows
Another day, another low for Groupon's stock. The online deals company issued a lackluster quarterly report after the market closed on Monday. Since Tuesday, the stock has hit a new low every day. It...
View ArticleGroupon Says It Ousted Chief Executive
Struggling online deals pioneer Groupon has ousted its quirky founder and CEO Andrew Mason amid worries that people are tiring of the myriad of online restaurant, spa and Botox deals that Groupon built...
View ArticleDon't cry for Groupon's ex-CEO - he has a $260 million "nest egg" and $228...
Andrew Mason isn’t leaving Groupon empty handed... One thing is crystal clear already: Mason has a tidy nest egg — roughly $260 million — to spend on whatever tropical island he may hit to nurse his...
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