What's Wrong With Groupon: 8 Reasons the Daily Deal Giant Sucks

  • What's Wrong With Groupon: 8 Reasons the Daily Deal Giant Sucks

    By Jim Edwards

    It's only been two business days since Groupon (GRPN) filed its IPO papers with the SEC and the media has made up its mind: This is a bad company that looks like it's taking advantage of the bubble in tech stocks.

    You probably already know that the company is horribly unprofitable and only appears to be a going concern because of accounting interpretations. But the devil is in the details -- and the details are even worse than the headlines suggest. Here are eight things wrong with Groupon, which the company must cure or address before it crashes and burns.

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