Re:What really happened at LivingSocial?
by wallawe on Thursday February 21, 2013 @01:41PM
(#5259182)
Acquiring similar companies at peak value then having to write them down or off [1]. Since that problem has been taken care of, profitability is not only attainable but within short reach.
[1] http://articles.washingtonpost.com/2012-10-25/business/35501...