Groupon In Trouble?

Groupon Logo

It seems Groupon may be in trouble. Their COO quits only after 5 months, IPO is delayed, and revenue had to be… uh, restated. So according to the article, they take investment money and gives away most of it instead of investing it? I see this going very well for them. They really should have took the $5B Google offered and run like hell, because this sounds like a sinking ship.

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