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This was featured in #Tech
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shortlogic posted this
About Spytap Industries
Spytap Industries
Groupon has filed its S-1 and hopes to raise $750M in its initial public offering. Given they’re currently losing a staggering $117M per quarter, despite revenues of $644M, they’ll be burning through that cash almost as soon as it hits their account.
At the moment, it’s costing them $1.43 to…
Good analysis on the Groupon IPO.
(Source: shortlogic)
