Re:Why Groupon Is Poised For Collapse
by Spyplane on Monday June 13, 2011 @01:23PM
(#2649827)
When you look at the $1bil they made last year in funding, and what amount they listed in their IPO paperwork, they certainly look and feel like a ponzi scheme. I hope they are not, but it feels that way. I'm staying as far away from that stock as possible.
[ Parent
| on HN ]
This is true only if you make up a new definition of "ponzi scheme."
I disputed this same point last week: http://news.ycombinator.com/item?id=2617760