Thread: Daily Deals Industry Imploding Already
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Old 08-30-2011, 08:50 PM  
marcop
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Quote:
Originally Posted by Mutt View Post
http://mashable.com/2011/08/30/one-t...y-daily-deals/

no surprise - another great Internet idea hatched without figuring out if it's really a profitable sustainable business, trick is to get the IPO or buy out done before everybody figures it out.
And if the investors and executives at Groupon hadn't been so greedy and full of hubris, they would've accepted Google's offer of $6 billion for their business: http://www.businessweek.com/technolo...124_281295.htm
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