Short logic: Groupon IPO: Pass on this deal ⇢

Shortlogic lays it out: Groupon can’t make money on a billion in revenue, so when will it start making money? The model doesn’t scale. And a pile of the money that they’ve raised has been paid out to founders and earlier investors, so a lot of folks are calling it a ponzi scheme, and the IPO is designed to cash out the investors who pout in a billion earlier this year.

It’s a mess.

4 June 2011 907 shortlogic
ponzi schemegrouponipo

Notes

  1. mingyeow reblogged this from shortlogic and added:
    mmmm
  2. zhenho reblogged this from mingyeow and added:
    thinking…

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Web anthropologist, futurist, author. My focus is the future, and the tectonic forces pushing business, media, and society into an unclear and accelerating future. more.

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