Quote:
Originally Posted by FreeHugeMovies
You guys are being silly. They will eventually turn a profit, just give them time. Wasn't facebook burning through MILLIONS a month before they turned a profit? The company is still young, give them time.
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I dunno last year and the beginning of this year they were hot as hot could be. Now there are way more companies in the daily deals vertical (especially facebook, google etc...). Plus tons of start ups that are focusing on the smaller towns and districts that Groupon has been slow to adopt (they are hitting mostly larger cities).
I don't think Groupon is going anywhere but they certainly aren't as hot as they once were.