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by geyang 3929 days ago
It is just a badly ran business. The Chinese version of Groupon is ran by the very competent Xing WANG, who was a physics graduate student. And last time I looked at it Meituan was worth $15B.
2 comments

Not really sure why "was a physics graduate student" means anything about his business acumen here. Eric Lefkofsky has a law degree, Brad Keywell has a JD and an MBA, we could do this all day. Having a graduate degree in a hard science could certainly suggest a person has a different way of approaching business, but Wang dropped out so he could unapologetically clone other people's ideas.
I think the OP is stating the opposite, that being a physics grad student would imply he probably couldn't run the business as well as the Groupon founders.
However, in the same sentence he's described as 'very competent'.
Ah, well then I'm a doofus. That makes sense. Apologies, OP.
Minor correction: Xing Wang was an ECS Phd candidate at University of Delaware, and he studied electrical engineering at Tsinghua University.