Groupon Plunges as Board Members Reportedly Leaving
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Groupon Plunges as Board Members Reportedly Leaving
1–10 of 94 posts
Re: Groupon Plunges as Board Members Reportedly Leaving
#2Could this be the beginning of the end of Bubble 2.0?
I understand this is just one company, but what I'm wondering is if this could have a domino effect.
Re: Groupon Plunges as Board Members Reportedly Leaving
#3Could this be the beginning of the end of Bubble 2.0? I understand this is just one company, but what I'm wondering is if this could have a domino effect.
such statement is a bit far fetched. imho GRPN is no real tech company, and investors (traditional asset managers) know this.
on the other hand, if GRPN goes bust, the reputation of Accel, Andreessen Horowitz, Battery Ventures, DST and Kleiner Perkins, will be clearly damaged towards IPO investors.
Re: Groupon Plunges as Board Members Reportedly Leaving
#4Could this be the beginning of the end of Bubble 2.0? I understand this is just one company, but what I'm wondering is if this could have a domino effect.
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Re: Groupon Plunges as Board Members Reportedly Leaving
#5I forget. What's the markup for Nelson's ha-ha noise?
Re: Groupon Plunges as Board Members Reportedly Leaving
#6When board members quit unexpectedly like this it usually means they have discovered that the management is doing something unethical and they don't want to be held legally liable for it, which they would be if they stayed. This is likely a sign that we're going to see another scandal or two coming out of Groupon in the next few months, possibly one that tanks the company completely. Wall Street knows this, which is why the stock took such a beating today.
Re: Groupon Plunges as Board Members Reportedly Leaving
#7Could this be the beginning of the end of Bubble 2.0? I understand this is just one company, but what I'm wondering is if this could have a domino effect.
No. However, it will delight folks who are predicting the death of Groupon
Re: Groupon Plunges as Board Members Reportedly Leaving
#8Is it too late to think about shorting this stock?
Re: Groupon Plunges as Board Members Reportedly Leaving
#9I forget. What's the markup for Nelson's ha-ha noise?
?
Re: Groupon Plunges as Board Members Reportedly Leaving
#10When a director with a lot to lose (Howard Schultz) leaves so suddenly, one can guarantee that there's something coming which significantly threatens his position outside Groupon and/or reputation. So much so, that he is willing to piss off investors, employees and co-directors by upping and leaving.
I suspect that the writing is on the wall for Groupon.
I'm going to predict that it won't see 2013 without serious restructuring, write-downs and possibly bankruptcy.