Groupon ceo on 60 mins

For anyone who missed it here it is, very interesting interview, talks about the IPO and the fact that there are over 500 others trying to mimic groupons ways, I for one wouldnt touch the stock, I think the company will be lucky to stay on top....just another company who is riding a trend, reason is that the model will be here to stay, but the hype of course will fade with time.



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And what do you know groupon down over 10% today, again do not touch this stock.

 

I hope no one bought this stock, its going a lot lower, single digits!!!

 

From where does Groupon receive its revenue? From the discount coupons we buy... proceeds shared with the provider of the service/good?

 

Now trading under $3.00

 

pupmping and dumoping sheres by Goldman

 

Buying?

 

There should be tip-jar functionality on this site.

GRPN up over 10% pre-market.