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The truth about Groupon

November 2, 2011

Nicholas Carlson from Business Insider slices open everything about the controversial Groupon, from the beginning of the company, to what it is now. It’s an extensive read, but you’ll get this idea of how Groupon has similar fate like Apple:

 After watching Mason go through so much the past few months, a source close to Groupon’s board shares an observation.

“There are three acts in the American drama,” says this source.

“Act one is young kid comes out of nowhere, surprises the experts, wins big – he’s the hero.”

“Act two is a public fall from grace.”

“Act three is the comeback.”

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