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classicman 10-18-2010 02:30 PM

Do you use it as a business? That was more the issue - not the end user. I'd assume he would be getting businesses to advertise/market on the site.

The reviews were pretty positive for the users, but mixed at best for the companies.

classicman 10-18-2010 04:00 PM

and I just found this ...

Quote:

A rumor that Yahoo (YHOO) is working on a deal for Groupon has been burning up the wires in Silicon Valley this weekend. Tech wags suggest that the struggling portal has offered between $1.5 billion and $3 billion for the red-hot social shopping company, which was valued at $1.35 billion at its most recent funding valuation.

There's little doubt that Yahoo is interested in nailing down a big acquisition after efforts to acquire local ratings site Yelp and mobile social network and check-in giant Foursquare failed to come to fruition. TechCrunch opined the if Groupon goes for $2 billion or less, then it has serious doubts about its business model and future. Groupon's CEO, Andrew Mason, has repeatedly said that price competition from the hordes of Groupon clones has not hurt demand and that his company was maintaining its extremely lucrative 50% split on gross revenues with advertisers using the Groupon service.

Groupon's dominance, in my mind, is clearly waning. Here are three reasons why.
See full article from DailyFinance:


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