This seems to be an absurd number that they are throwing out there. Perhaps it is a psychology tactic to get people to accept a $15B IPO. I'm not sure how Groupon can maintain this value as more and more people are beginning to associate anything with Groupon as cheap. Take for instance the deal they offered on Wednesday for the new Matthew McConaughey movie, once people saw the offer they immediately assumed that the movie was horrible.
Comments
This seems to be an absurd number that they are throwing out there. Perhaps it is a psychology tactic to get people to accept a $15B IPO. I'm not sure how Groupon can maintain this value as more and more people are beginning to associate anything with Groupon as cheap. Take for instance the deal they offered on Wednesday for the new Matthew McConaughey movie, once people saw the offer they immediately assumed that the movie was horrible.
The best part thing about Groupon is the video they show you when you unsubscribe. It is actually quite funny.