Groupon Doomed by Too Much of a Good Thing
Harvard Business Review
AUGUST 16, 2011
In the first quarter of 2011, Groupon posted a net loss of $113.9 The best way to manage a fledgling business is for managers to be impatient for profit but patient for growth. Finally, reaching profitability quickly ensures that when outside financing dries up, the venture can succeed on its own.
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