Re:LivingSocial co-founder Aaron Battalion quits
by eclipticplane on Friday March 29, 2013 @05:19PM
(#5463097)
> "millions of consumers around the world have experienced their local cities because of our products"
I think its a fair assessment, but not the full story.
Millions of people did do things they wouldn't normally do. No way in hell I'm going to pay $200 for a family "dolpin tour" where you usually don't see dolphins, but when it's on LivingSocial (or similar sites) for $50? Sure, why not.
Now, whether it was a boon or bust for local businesses or not is a debated topic. I'm pretty sure that dolphin tour place actually lost money on my trip, or came close to break-even at most, and we were one time customers.
Re:LivingSocial co-founder Aaron Battalion quits
by alxbrun on Friday March 29, 2013 @06:52PM
(#5463451)
Really weird for a dolphin tour business to do a coupon deal... How on earth would somebody become a regular customer of a dolphin tour ?
Re:LivingSocial co-founder Aaron Battalion quits
by jazzyb on Friday March 29, 2013 @07:13PM
(#5463526)
I would imagine they're hoping the people using the coupons have a good time and then tell their friends about it, and the tour gains more money through word-of-mouth.
Re:LivingSocial co-founder Aaron Battalion quits
by steveklabnik on Friday March 29, 2013 @08:02PM
(#5463720)
Exactly.
Re:LivingSocial co-founder Aaron Battalion quits
by rhizome on Friday March 29, 2013 @05:25PM
(#5463123)
Not to mention that a normal, no-dolphins-promised boat ride may be less than $50 undiscounted anyway.
Re:LivingSocial co-founder Aaron Battalion quits
by minimaxir on Friday March 29, 2013 @05:24PM
(#5463117)
They had revenue, which can't be said about most big startups nowadays.
Profit is another story, though.
"millions of consumers around the world have experienced their local cities because of our products"
Sounds like he is reaching, just a bit...