moTi - 11:35 pm on Jun 3, 2011 (gmt 0) [edited by: moTi at 11:49 pm (utc) on Jun 3, 2011]
first of all, once again another "north america only" business. don't give me that "what comes from america rules the world sooner or later" thing. if you want to have global success, act globally. so far, there's no demand for the service outside their home country partly as a consequence of ridiculously bad business execution. groupon didn't get the foot in the door, despite buying up the local first movers. you only get one chance to make a first impression. probably it's already over and done in many foreign markets.
secondly: peak users (groupon daily uniques) [trends.google.com]. it's not scalable. there are only so and so many users with preference to eagerly receive and actually read groupon email newsletters with repeat discount offers (would you really do that?). there is a penetration limit in terms of eyeballs and attention and they seem to be already over it. the same applies to constantly acquiring business customers who reportedly more often than not get their fingers burned.
so now it's about time to tell their story and cash in from the dumb investors. the worst thing, it's just like aol or yahoo, who got their money in 99. these companies will not die. they have no real business case, will never have, at least nothing what would make them worth their valuation. but they are here to stay burning the stupid investor billions who keep them alive for the next 20 years..
[edited by: moTi at 11:49 pm (utc) on Jun 3, 2011]