Quote:
Originally Posted by acctman
I personally think they should have sold when Google offered to buy them. I can understand not wanting to let go and dreams of being even bigger, but lets face it there is nothing unique about there business. It's been duplicated 6-10 times ... FB, Google, LivingSocial, Yelp, Foursquare, etc. all have groupon clones. Look at Digg should have sold when Microsoft wanted them.
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Agreed, The point of them not turning a profit yet doesn't concern me as the user base is valuable it's mainly the point that "there is nothing unique about there business" and can be duplicated. I think it's a smart buy on the opening as long as you know when to dump it.
