Hacker News new | ask | show | jobs
by jgroome 5348 days ago
...for Groupon! Not so much the retailers though.
2 comments
Tyrannosaurs 5348 days ago
Not for Groupon (which loses money) but some of it's investors have done OK out of it - so far.
link
sabret00the 5348 days ago
Isn't it the other way round? Groupon seems to believe that due to the name recognition, they'll become profitable at some point, and even then the business model is heavily reliant on the IPO. The retailers are drumming up a ton of business though.
link