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In the early years of Groupon it was seen as coupons moving online to create a new business model that was going to drive retail.

The sites had off the charts growth, huge revenue dollars that were growing just as fast and the land was up for grabs.

Even Google got suckered into this when it tried to buy Groupon for billions in cash, I can see where the investors were coming from, well at least before 2011.




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