GRPN

Morningstar Savages Groupon

Regular readers know I’ve been hating on Groupon ($GRPN) since before the IPO, I made it pretty clear that I was not a fan of the model or the opportunity for a daily deals stock.  I had some great intel from merchants who used the service and salespeople from competitors about why this should never…

Guest Post: The Laugh Test

What does it really mean when a company IPOs at a valuation of $2 billion? It is easy to get lost in the big numbers when we can’t visualize what it means. Using relative valuations can be a big help. I make it into a game.