The Story Of Groupon: From Failure To An Industry-Changing, Profit Machine

http://mixergy.com/andrew-mason-groupon-interview/

by sayemm • 15 years ago

21 5 15 years ago

sabat2• 15 years ago

It's a little early for Groupon to describe itself as "industry-changing", muchless a "profit machine". In a year, it could be described as merely a "has-been, internet fad".

donaq• 15 years ago

That seems highly unlikely. Two things never go out of style: Discounts and profits. Groupon helps consumers and businesses fulfil these desires.

sabat2• 15 years ago

You're apparently unaware of the high dissatisfaction rate among businesses that could easily result in declining business interest in Groupon.

tomdeal• 15 years ago

Its quite hard to follow the interview because of all the noise around the office there, too bad. With all the money, they should have built a small room with good noise reduction for calls or... interviews :)

atirip• 15 years ago

Isn't there something more "industry-changing" than offering your products & services at harakiri discount to the gang of cheapskates? I mean really. Is there more than utter desperation of doing this. I understand that advertising comes for free and this is substantial, but still.

For example can somebody post some success stories where offering such harakiri dicount transformed those cheapskates into loyal customers always paying in full in the future. Take notice that to recoup mentioned discount one must pay the full price several times to "break himself even" for the company.

The Story Of Groupon: From Failure To An Industry-Changing, Profit Machine

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