>this is a doomed biz model because it's not based on any real technology
Neither is Dairy Queen, but everyone knows if they want delicious vanilla soft server where they need to go. Likewise, millions of discount seeking customers know that a place to go to find discounts is Groupon.
Groupon is doomed if they can't get revenue above their operating costs. It has nothing to do with the technology they are based on.
Neither is Dairy Queen, but everyone knows if they want delicious vanilla soft server where they need to go. Likewise, millions of discount seeking customers know that a place to go to find discounts is Groupon.
Groupon is doomed if they can't get revenue above their operating costs. It has nothing to do with the technology they are based on.