need to add title here

The real deal with Groupon

January 15, 2012 4:05 PM

Groupon CEO Andrew Mason is in the business of bargains, and business is very good. But is Groupon's swift success sustainable, especially given competition from the likes of Google and Amazon? Lesley Stahl reports.

The real deal with Groupon

60 Minutes OverTimeGroupon: The next Amazon or another Myspace?

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by Mar-lena February 2, 2012 10:53 PM EST
Just by looking at the CEO.. the way he talks, the way his eyes move .. I wouldn't trust that guy.
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by Bluebird1066 January 29, 2012 2:41 AM EST
This interview was very thin on substance and virtually devoid of in-depth reporting and investigative journalism. Moreover there were no hard nor pressing questions for this guy to answer to.

The questions were relatively "soft" questions and were certainly not laboured upon.

In actual fact - this interview was rather more like a carefully stage-managed PR piece for Groupon and the title of the show, therefore, somewhat, I feel, misleading; as I was expecting a lot more bang for the buck, spent on this interview.
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by JackH1--2008 January 24, 2012 3:39 PM EST
I know something about Groupon. I will tell you that it's not easy to make money in that business, of course, and there are sales people that don't really care about the customer. Duh! That is not a fair picture and they are not crooks or con men. Their biggest problem is they made it look too easy and it isn't easy. Their best chance is to become the most efficient at this and hope the big money guys, e.g., Google, find it's not worth the cost in people and training to compete.
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by JackH1--2008 January 24, 2012 3:37 PM EST
I know something about Groupon. I will tell you that it's not easy to make money in that business, of course, and there are sales people that don't really care about the customer. Duh! That is not a fair picture and they are not crooks or con men. Their biggest problem is they made it look too easy and it isn't easy. Their best chance is to become the most efficient at this and hope the big money guys, e.g., Google, find it's not worth the cost in people and training to compete.
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by FormerGrouponEmployee January 16, 2012 11:34 AM EST
I worked here while the rocket ship was taking off and by the time it crashed. Most employees are incompetent and unqualified to do their job. Sales staff is hired based on how attractive and blonde they are. Most people who work there are ******** and don't care about the businesses they serve or their cheapskate customers who ruin those businesses by not coming back.

Decision makers at this company are ego driven above even the tiniest shred of common sense and everyone wants to feel like the superstar who has big ideas but only because their head is up their ass. It's an accidental ponzi scheme because they were too stupid to figure out how to make money and too evil to care about everyone they were screwing over.
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by DonWhite0189 January 16, 2012 11:25 AM EST
Interview was more of a Groupon advertisement. "Bush league mistakes." And this explanation was bought by 60 minutes? Groupon intentionally misrepresented accounting procedures.
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by originalgeek January 16, 2012 3:55 AM EST
I can't believe you guys think this is a complete picture of the Groupon story when you fail to mention Eric Lefkofsky's association with Groupon, and his history with investors.
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