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Saturday, June 4, 2011

Why Investors Might Pass On Groupon IPO

David Heinemeier Hansson: "At the moment, it’s costing them $1.43 to make $1, and it doesn’t look like it’s getting any cheaper. They’re already projected to make close to $3 billion in revenue this year. If you can’t figure out how to make money on 3 billion in revenue, when exactly will the profit magic be found? 10 billion? 50 billion?"

Original Link: http://www.netnewscheck.com/link/2011/06/03/11778/why-investors-might-pass-on-groupon-ipo?utm_source=NetNewsCheck-rss&utm_medium=latest-news-feed&utm_campaign=latest-news-feed-Why-Investors-Might-Pass-On-Groupon-IPO

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