Hacker News new | ask | show | jobs
by tyang 4873 days ago
Yes, and I'd argue the daily deal model never worked in the first place. Why? No real value add to small businesses.

The daily deal model was an experiment that went on too long, overfunded by delusional investors - some playing with other people's money - and media and social media hype.

You know what model isn't broken?

Positive cash flow businesses. :)