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A comment on Groupon Posts Disappointing 1Q Results, loses $43M. Parent comment

Re:Groupon Posts Disappointing 1Q Results, loses $43M by vladd on Wednesday February 08, 2012 @06:51PM (#3569147)
> manages to triple revenue this quarter

Quarter revenue was tripled on a year-to-year basis (2011 Q4 versus 2010 Q4).

> if they wanted to lower expenses they could cut the writing staff pretty significantly

Based on the earnings call, staff expenses are actually about to increase as GRPN will start to hire more tech on its payroll (Silicon Valley software engineers).

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Re:Groupon Posts Disappointing 1Q Results, loses $43M by bennesvig on Wednesday February 08, 2012 @08:34PM (#3569414)
The writing was a draw at first, but now I never read the copy. Just scan whatever deals they have that day.
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Re:Groupon Posts Disappointing 1Q Results, loses $43M by D-mo on Wednesday February 08, 2012 @07:20PM (#3569227)
Good point. Writers are paid around $37k/yr according to Gawker, whereas an engineer is at least 2x that.

http://gawker.com/5806961/groupon-simply-cant-afford-to-pay-...

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