Tag Archives: groupon

Groupon Was “The Single Worst Decision I Have Ever Made As A Business Owner”

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The sales process seemed like buying a car. Initially, the rep asked for 100% of the revenue. He eventually “settled” for 50% “Understanding that your business is newer, I decided to split the revenue with you,” he wrote. At one point, Jessie was told that she could only ever run one Groupon over the life of the business.

via Groupon Was “The Single Worst Decision I Have Ever Made As A Business Owner” | TechCrunch.

The Biggest Red Flag In The Groupon IPO Isn’t The Sea Of Red Ink

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We assume that the preferred stockholders here are Groupon’s founders; usually it’s venture capital investors who have “preferred stock”, but we’ve never heard of a respectable VC asking for dividends of a money-losing startup.

via The Biggest Red Flag In The Groupon IPO Isn’t The Sea Of Red Ink – Business Insider.

Published on June 2, 2011.