Nov. 4 (Bloomberg) — Venture capitalist Hussein Kanji talks about Groupon Inc.’s initial public offering.
Kanji speaks with Scarlet Fu on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg)
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One Response to “Kanji on Groupon Initial Public Offering”
Facts. Couponing is … Facts. Couponing is the only economic game competitors can engage in that actually results in making the entire pie smaller for everyone, it’s a less than zero sum game. Worse yet, Groupon is seeing declining value and action from their customers, many have found that Groupon doesn’t make financial sense, and the Groupon financial model is to say the least, precarious. Invest at your own risk, folks, this is the ‘Cosmo’ of 2011…
Facts. Couponing is …
Facts. Couponing is the only economic game competitors can engage in that actually results in making the entire pie smaller for everyone, it’s a less than zero sum game. Worse yet, Groupon is seeing declining value and action from their customers, many have found that Groupon doesn’t make financial sense, and the Groupon financial model is to say the least, precarious. Invest at your own risk, folks, this is the ‘Cosmo’ of 2011…