MG Siegler - can you please confirm you have NO vested interested in Groupon?  _IF_ Groupon was interested in competing, then WHY have they taken so much off the table?  Why has the CFO AND COO left right before the IPO?  This deal stinks and I am asking for the SEC to look into it NOW.

parislemon:

While I have an account, I’ve never actually used Groupon. And I may never use Groupon. It’s just not really my thing. But the massive backlash following the company’s S-1 filing (so they can IPO) strikes me as a bit odd. 

The fast rising consensus now in certain tech circles is that Groupon is essentially a Ponzi scheme (Grouponzi, FTW). The fact that their net income is well underwater (and going deeper) has everyone freaking out. As does the fact that some of the original investors (as well as founders) took hundreds of millions off the table in the last huge round.

But I’m more with Joe Stump on this. You cannot overlook the fact that they’re also making hundreds of millions of dollars each quarter now. The run-rate for this year could be over $3 billion.

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