June 2011
11 posts
On Grouponzi
parislemon:
While I have an account, I’ve never actually used Groupon. And I may never use Groupon. It’s just not really my thing. But the massive backlash following the company’s S-1 filing (so they can IPO) strikes me as a bit odd.
The fast rising consensus now in certain tech circles is that Groupon is essentially a Ponzi scheme (Grouponzi, FTW). The fact that their net income is well...
May 2011
6 posts
