With mounting evidence of Groupon's weak financials and long term business sustainability, we should all advocate against investing in Groupon. The better our market segment wisdom, the better for all of us. If we let crap float to the top, then top performing companies will always have their market stigma to overcome. See biotech 2000-2005. Besides Mason has already told us that Groupon is a joke when he told Charlie Rose that Groupon is to tech what Nsync was to pop. High-flying, fast - crashing products poised for brief nostalgia, and obscurity. http://techcrunch.com/2010/12/10/groupon-mason-charlie-rose/ O
ps. my favorite quote of this emerging IPO debacle has been thus far..
"Groupon's IPO prospectus should raise several red flags in a sensible investor's mind. Factor in Lefkofsky's checkered past, and this IPO is waving more red flags than a May Day parade."
ps. my favorite quote of this emerging IPO debacle has been thus far..
"Groupon's IPO prospectus should raise several red flags in a sensible investor's mind. Factor in Lefkofsky's checkered past, and this IPO is waving more red flags than a May Day parade."
Now that's a great visual.
http://tech.fortune.cnn.com/2011/06/10/groupon-eric-lefkofsk...