With Groupon reportedly set to begin its IPO road show early next week, it’s a good time to revisit the deal site. Is Groupon a great, lucrative deal for its merchants, a swindle or something even worse?
Rather than talk to analysts or observers, we decided to go directly to three Groupon merchants to find out if selling Groupons is a good deal. We picked 3 business in the San Francisco Bay… → Read More
“I have a competition in me. I want no one else to succeed.”
I’m reminded of Daniel Plainview’s admission in There Will Be Blood when thinking about Google.
While the company is still largely beloved by the public, sentiment seems to have turned against them amongst their peers, and even amongst many of the startups around Silicon Valley. While these tensions have been building for months… → Read More
Given the hundreds of thousands of merchants who have run daily deals in the past year, it is inevitable that a few will have had bad experiences. However, to assume that a handful of these… → Read More
The IPO window is now wide open, with everyone from Zynga to Groupon rushing towards it. Nobody knows how long that window will stay open (rule of thumb is 18 months), so better go public while you can. But today’s IPO filing from Zynga came particularly fast. According to one source, the actual writing of the 150+ page S-1 document was one of the fastest documentation processes for an IPO of… → Read More
The next phase of growth for local deals will be mobile. Groupon knows this, and so does Yelp, which today is rolling out Yelp Deals to its iPhone and Android apps. An update to its mobile apps that is getting pushed out today will add a new deals icon to the app. When you click on it you can see a list of nearby Yelp Deals for discounts at restaurants, spas, and other businesses. (These… → Read More
There’s a lot of hate out there these days from the press when it comes to the daily deals industry. I’m looking at you, TechCrunch. Sure, Groupon has become the whale in this industry, but that doesn’t mean Groupon constitutes the entire industry. Sure, while Groupon may sometimes structure lousy deals for merchants, it doesn’t mean the entire daily deal business model isn’t sustainable or… → Read More