Groupon collapsed

[grumpy]

Groupon's stock has been absolutely crushed since the middle of February. The stock dropped another 5% today.

The bad news for shareholders is that it's still arguably overpriced. With a $7 billion market cap, it's trading at 3X revenue. It still has some room to fall.

more here

http://e.businessinsider.com/public/738795

[onwebcam]

Who woulda thunk it?

[Marcus]

Google offered to buy them for 6 Billion and they said no

lol

[wehateporn]

Pump and Dump

[kane]

Google offered to buy them for 6 Billion and they said no

lol

I bet they are regretting that decision.

[uno]

How is living social doing?

[ottopottomouse]

that's not a collapse it's a 60% discount. hurry, before they're all gone!

[Roald]

Christian watch-group Morality in Media is calling for a nationwide boycott of online discounter Groupon.com for providing money-saving deals on tours of BDSM production studio Kink.com.

http://www.xbiz.com/news/147406

Why the hell would they offer this? Hurting much?

[Lykos]

I bet they are regretting that decision.

Am sure they are

[Mr Pheer]

[Brad Mitchell]

I told everyone to sell that shit and take their profit. Greed gets ya every time, might as well have been at the casino..

Brad

[Klen]

Honestly i am not sure why does anyone uses them,i mean seriously 50% for discount and another 50% for commission.If they would charge only 5% then i am sure they would maybe worth less but it would be more stable.

[seeandsee]

6 billions offered and they refused, hahaha now cry

[Horny Dude]

I still shake my head at passing on 6 billion dollars. That is like the king of epic fails. How do you pass on 6 BILLION dollars!!

[Socks]

I still shake my head at passing on 6 billion dollars. That is like the king of epic fails. How do you pass on 6 BILLION dollars!!

I thought exactly the same thing when Facebook turned down $4b.. Like what the fuck you gotta buy that's worth more than $4b?! But I was wrong, so far.

[TheSquealer]

Groupon is like submitting to the hun circa 1998/99. If you knew what you were doing, if you understood the traffic and knew how to market to and convert the traffic, then you were golden. If not, you were just another part time, broke dipshit that got a gallery listed and woke up to a $4000.00 bandwidth bill and zero sales. That pretty much describes the vast majority of Groupon merchants.

My partner and I in a mainstream business played with Groupon, living social et al, played with different deal types/structures/wording etc and found what worked well for us in terms of getting people in the door and turning them into long term, paying customers. Then... we just made that our business model and do not use Groupon or similar sites anymore and continue to be overwhelmed with the response without Groupon.

[fatfoo]

This is bad news for Groupon Stock (GRPN). The stock doesn't look good in April. It keeps going down and down.

[BIGTYMER]

Glad I didn't buy. Just made a killing on VVUS.

[AAB]