What A Groupon Bear Sounds Like



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!

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

groupon sai-us