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by redredraider 5564 days ago
If keeping it secret is that big of deal it's probably going to fail anyway. If something is so easy to copy that you can't tell anyone then it's not worth pursuing. IMO.
1 comments

That's a legitimate argument, but you could say Groupon was pretty easy to copy.

Like magic tricks, the magician is like the first one to discover an idea is possible... I mean in general. I'm not calling mine magical.

Right. So Groupon probably didn't go around hush hush. I agree with the post above about execution. It's not about being first it's about being the best.
Groupon -is- very easy to copy, hence the hundreds of Groupon clones making money hand over fist.

However, even with the clones, Groupon seems to be doing just fine.

I knew there were hundreds of clones but didnt know they were making cash hand over first. Any operating in a country that groupon operates in you can point me to? Just interested.

I chatted with some of the groupon guys a short while ago and was shocked by just how much cash they spend on aquiring business. I wonder how many groupon type companies a city can hold, and for how long?

By acquiring business you mean acquiring users? Acquiring companies that will offer deals on them? Interested.