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by wavephorm
5126 days ago
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Groupon isn't a stupid company, it's a great idea actually. They turned down a lofty Google offer and decided to go the IPO route. Only time will tell if their business can last, and not get eaten alive by competitors. I think it's a good thing their share price isn't just going to the moon and then crashing and wiping out an entire industry like what happened in the Dom-Com crash. Maybe a subdued IPO market will mean this time it'll be more like a boom period, and not another bubble getting ready to burst. |
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