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It's Getting Harder to Buy Groupon's Growth Story

It's Getting Harder to Buy Groupon's Growth Story

... Groupon, far from representing some kind of new paradigm, is a phenomenon we’ve all seen many times before: a money-gushing dot-com that’s gambling it can make it across the IPO finish line by keeping the conversation focused on revenues (growing) rather than P&L (worsening).

 

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