Why are flash sales services failing?
Gilt and One Kings Lane were perfect services for down economy. It seems now there isn’t that much room for such services in an up economy, argues NPR Marketplace. Good stuff! [Marketplace]
Gilt and One Kings Lane were perfect services for down economy. It seems now there isn’t that much room for such services in an up economy, argues NPR Marketplace. Good stuff! [Marketplace]
In order for a company like Groupon to get valuations befitting a high-growth technology company instead of a coupon-clipper business, there need to be compliant and willing investors. Many have their own personal compulsions. Kleiner Perkins, having lost its shirt on clean tech and energy investments, decided to double down on social and web investments … Continue reading Groupon & greed
The tragedy of this episode is that the actions of Groupon, which is hardly a technology company, might end up spooking the entire IPO market. There are many legitimate technology companies that are looking to go public in the coming 12 months and revive the Silicon Valley ecosystem.” from my post over on GigaOM Continue reading Groupon (Negative) Effect
Bloomberg’s Emily Chang caught Groupon team after the Groupcon opened trading on Nasdaq. What ensues is just bizarre. Watch the video. Whatever you might feel about the stock, as a publicly traded company Groupon will need to clean up its act. (Sorry, but somehow Bloomberg videos don’t seem to work on WordPress.com.) Continue reading Groupon CEO Andrew Mason & the fine art of bizarre