? I am not sure whether Groupon founders have ever read Karl Marx's Communist Manifesto. The famous little book prompts the workers of the world to get united, as they have "nothing to lose, but the chains that bind them to capitalist enterprises." Groupon prompts consumers of the world to get united, shop as groups ...
Senh: Forbes has been consistently negative towards Groupon. They have their points. In their previous quarter, Groupon's revenue was way up and their net loss way down. It does look a lot better than previous quarters. The thing is can they keep that going? Their net loss was down because they spent significantly less on customer acquisition. Now, let's see if they can still grow without huge marketing expenses.
