scooterdude
msg:4486504 | 3:35 pm on Aug 20, 2012 (gmt 0) |
very low barrier to entry market, novelty wearing off, plenty of time for suppliers to work out the profitability the business model for them
curious market, was interested once, long before i heard about groupon, ,,
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TypicalSurfer
msg:4486505 | 3:38 pm on Aug 20, 2012 (gmt 0) |
Groupon the company may have some viability moving forward but to date its only purpose was to fleece investors and cash out the investment banks (usual suspects).
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jmccormac
msg:4486507 | 3:42 pm on Aug 20, 2012 (gmt 0) |
DotBomb 2.0
Regards...jmcc
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engine
msg:4486524 | 4:12 pm on Aug 20, 2012 (gmt 0) |
No, I don't think it's as bad as some publications say. It's just that folks expected massive returns. They have to expect smaller returns over longer periods of time.
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Shaddows
msg:4486697 | 8:13 am on Aug 21, 2012 (gmt 0) |
| It's just that folks expected massive returns. They have to expect smaller returns over longer periods of time |
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I'd say widespread overpaying due to unrealistic expectations is a pretty good definition of a bubble.
I just don't understand how it's happening again, only 10 years after an identical problem. I get that the banks are just executing an exit strategy, but how are they getting the mugs to buy into the IPO?
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TypicalSurfer
msg:4486740 | 11:57 am on Aug 21, 2012 (gmt 0) |
No. Expectations were based on phony bookkeeping.
Look around for groupon and "overstated revenue".
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