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A comment on Andrew Mason's statement about being fired as Groupon CEO. Parent comment
One of their obvious no-nos was that they were booking the total amount of the deal as recognized revenue, instead of their fees. Also they came up with non-GAAP accepted metrics to measure their performance which were deemed dubious by outsiders.
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One of their obvious no-nos was that they were booking the total amount of the deal as recognized revenue, instead of their fees. Also they came up with non-GAAP accepted metrics to measure their performance which were deemed dubious by outsiders.