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Old 02-05-2012, 08:52 PM   #75 (permalink)
frost
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Seems like they have a good base, finding businesses who will offer discounts for their offerings, and then split it with the companies. Even the payment terms groupon made to the companies are good for Groupon. But growing too fast meant it had more bills than incoming revenue, and it also failed to address getting consistent revenue. A regular jow like me may look here and there, and buy something here and there, but it's sporadic at best. So in my mind, some months it can really pull in money, and other months it may not be able to pay the bills. Guys like me, who only use the service once or twice are the nemesis of them being able to stay sustainable.
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