I totally called this one!!!
It was only a matter of time before this ponzi scheme imploded under its own lack of internal support. Sadly, the people who are going to get burned by this are the consumers, the retailers (some of which foolishly went into this with eyes wide open) and small investment firms. Sadly, the moron who started this mess as well as his executive officers will obviously make out like bandits, while claiming their idea was simply ahead of its time.
I still call bullshit on Groupon and it's CEO & founder should be stripped of all financial gains made during his tenure there and have his ass thrown in jail.
- +Analysis Microsoft: We're making ONE TRUE WINDOWS to rule us all
- Climate: 'An excuse for tax hikes', scientists 'don't know what they're talking about'
- Analysis Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
- Apple: We'll unleash OS X Yosemite beta on the MASSES July 24
- Yorkshire cops fail to grasp principle behind BT Fon Wi-Fi network