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