THE TRUTH ABOUT GROUPON: The Devil's In The Revenue Details: "Is Groupon a "Ponzi scheme," as many critics have alleged?
Or is Groupon the next Amazon--the leader in a humongous new market opportunity that will finally turbo-charge local commerce and advertising?
My answer is somewhere in the middle.
I've laid out the Groupon business story in the accompanying slides.
Here are the key points:
Groupon is NOT a Ponzi scheme.
Groupon is almost profitable now, and it will likely be nicely profitable over the long haul"
'via Blog this'
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