What A Groupon Bear Sounds Like

bear

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Themath is a reader of Business Insider, and originally posted this as a comment to this post.

They take in 550 million They give back an average of 65% to merchants leaving 193 million They spend 13 million a month on advertising (156) leaving 37 million They have 2400 employees which costs 80 million leaving a negative balance of 43 million. Who wants to bet me they raise more then 43 million this round? Guys, this is a ponzi scheme and everyone is drinking the koolaid…this doesnt even take into account the merchant backlash which is imminent!

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