
Who'd a thought...
Flogging colonic irrigation, reiki massages, the very occasional cheap cinema ticket and even more occasional bowling and (sausage inna) bun would be so lucrative.
Groupon's foray onto public markets hasn't exactly been smooth, but sources are saying it's a go for next week after many rumours of the on-again-off-again variety. Those people familiar with the matter have been chatting to Reuters again, and are now saying that Groupon has a definite-ish start for its IPO roadshow: next …
There was a buzz about it a few months ago, it was going to be bigger than Google and MS combined --- but the last few months most reports have been negative, pointing to the unsustainability of the discounts and so forth. Momentum lost, game over; it can happily persist as a bunch of local clubs but that's it.