The scary part about Groupon's explosive growth is the difficulty of employing 150 people/day without lowering required employee competence. In the long run I think that the smaller, competing companies with more competent employees are going to win the market on a city by city basis.
The real deal with Groupon
21–26 of 26 posts
Re: The real deal with Groupon
#22Did not see the video-report, the commercial required to watch this takes too long (more than 15 seconds). I've closed the tab after first 7 seconds.
It is a twelve minute video; a minute comercial is less than 10% of the overall time. It really isn't that unreasonable, in my opinion. Watching a minute commercial on the internet is a good way to support video on the web.
I don't care enough about Groupon to hit the link, but I absolutely, completely, and categorically disagree here.
Aside from the fact that expecting "payment" upfront in the form of watching an ad before getting any info isn't necessarily the smoothest way of doing it, I think 10% is a lot of time.
It seems there are really are only two kinds of people, those that understand that time is money, and those that don't. If I had to "give away" 10% of the time that I spent absorbing information online, I would probably stop using the internet altogether. The signal:noise ratio online is already in some places ridiculously low, especially in video content (which is why I read and not watch the news, weather, or whatever) and taking an additional 10% premium on that is ridiculous.
I surf "free" sites for work to gain knowledge and find ideas up to twenty hours a day. 10% of that time is two hours!!!! That's a lot of time. That's enough time for me to drive to the next state and come back. It's enough time for me write a simple open source utility and stick it up on github. It's enough time for me to bill a client five or six hundred dollars easy (depending on the client and assuming a job is available, etc.).
My problem is this: time does not scale. If you demand something as universal as "10% of your time" from person A and person B, that's possibly asking dramatically different stuff. 2 hours of my time can never be directly compared to two hours of someone else's. Two hours of Bill Gates' time or Obama's time is worth more than I make in a year, if used correctly. At the same time, 10% of my time is more than a month of a junior high students life is worth.
/rant
Re: The real deal with Groupon
#23I immediately stopped reading when I saw they were interviewing Mason.. Groupon is a public company, and the CEO/founder of course wants to shine a positive light on things. You can't learn much here.
I didn't downvote but will say the comment is dumb. In fact, we can learn a lot from successful public company CEOs like Steve Jobs, Larry Page, Marc Beniof and Andrew Mason.
Re: The real deal with Groupon
#24For those complaining about this being a puff piece about groupon... understand that a media company has little to no incentive to take companies like groupon to task. Sure they may ask one or two mildly tough questions that may address some issues that people have with the company, but if they truly hit hard they would go out of business. No one wants to do an interview where they will be sweating the entire time, a…
Re: The real deal with Groupon
#25Earlier quoted context omitted.
I didn't downvote but will say the comment is dumb. In fact, we can learn a lot from successful public company CEOs like Steve Jobs, Larry Page, Marc Beniof and Andrew Mason.
I didn't say you can't learn much about runnign a company, but the title was 'the real deal with Groupon'. You can't learn the 'real deal' here.
Lame downvotes, guys.
Re: The real deal with Groupon
#26Earlier quoted context omitted.
I didn't downvote but will say the comment is dumb. In fact, we can learn a lot from successful public company CEOs like Steve Jobs, Larry Page, Marc Beniof and Andrew Mason.
I agree, but for a different reason. In order for a report to claim to be balanced it has to have representatives from both sides of an argument.