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A comment on Groupon, which has lost 99.4% of its value since its IPO, names a new CEO. Parent comment

Re:Groupon, which has lost 99.4% of its value since its IPO,... by newaccount74 on Friday March 31, 2023 @07:20PM (#35395101)
I was talking about the people who invested in Groupon. They should care about the sustainability of the business, because otherwise their investment will have no value.
[ Parent | on HN ]
Re:Groupon, which has lost 99.4% of its value since its IPO,... by phendrenad2 on Saturday April 01, 2023 @06:00AM (#35398910)
Seems like a classic rug-pull to me. Early investors get out soon after the IPO, while retail investors are still pushing it higher.
[ Parent | on HN ]