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The Problem with Groupon's Business Model

Harvard Business Review

billion to Google just a few short months ago, in November of 2010. The smart money went along, with Groupon valued at $15-20 billion, according to some observers anticipating rich pickings in the IPO-to-come. One of the fastest growing of the recent hatch of Internet darlings, the deal-a-day company was worth $5.3 But not so fast.

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How Singapore Became an Entrepreneurial Hub

Harvard Business Review

If you had asked Singaporeans in 2010 to identify a successful local start-up, they might have paused for a few minutes before mentioning Creative Labs. With the cautionary notes in mind, I arrived in Singapore in March 2010. Singaporeans are not,” critics would respond. “Name a Singapore start-up.

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Europe’s Other Crisis: A Digital Recession

Harvard Business Review

While 44% of EU residents shopped online in 2014, a paltry 15% bought from another member state; barely up by six and a half percentage points since 2010, according to the European Commission’s (EC) “Digital Agenda Scoreboard 2015.” Venture funding for European digital groups in 2014 remained a fifth ($7.75 billion in 2014.

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