Jun
3
Short logic: Groupon IPO: Pass on this deal
Groupon has filed its S-1 and hopes to raise $750M in its initial public offering. Given they’re currently losing a staggering $117M per quarter, despite revenues of $644M, they’ll be burning through that cash almost as soon as it hits their account.
At the moment, it’s costing them $1.43 to…
Surprising that Groupon’s marketing costs are so staggering. Personally, I’m hooked just by the emails. But that must not be the case for the majority of their subscribers.
(Source: shortlogic)
