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Originally posted by OptimusSubprime
The right??? GroupOn is a private company and can refuse to do business with whomever they choose. Having said that, I am about as pro gun as anyone can be, but I am also about as pro liberty as anyone can be, and having the right to decide who to do business with, as well as who not to do business with is very important to a private sector business maintaining it's liberty. I will not use GroupOn for anything because of this... I will vote with my wallet, and that is my right.
In April 2010, the company was valued at $1.35 billion. According to a December 2010 report conducted by Groupon's marketing association and reported in Forbes Magazine and the Wall Street Journal, Groupon was "projecting that the company is on pace to make $1 billion in sales faster than any other business, ever".
However, a report from Forrester Research in October 2011 suggested that the Groupon business model was a "disaster" and that the firm had become an example of "how fast an Internet darling can fall."
In its first earnings release as a public company, Groupon reported a 2011 fourth-quarter loss of $9.8 million on an adjusted basis, disappointing investors
Additional investor concern arose after the company restated 2011 revenues downward in March 2012.