|
|
|
|
|
|
by tokenadult
5083 days ago
|
|
|
A great line from the Short logic analysis: "At the moment, it’s costing them $1.43 to make $1, and it doesn’t look like it’s getting any cheaper." This was the kind of thing that thoughtful business analysts were noticing in the weeks before the Groupon IPO: the company didn't have a sensible earnings model, even if it had "revenue" that dug it deeper and deeper into a hole. |
|
|