The Trouble With Groupon: Daily Deal Sites Need To Go Local

Written by Martin Tobias, CEO Tippr

Since filing for an IPO at a valuation estimated to be somewhere between $2 billion and the moon, Groupon has become the favorite punching bag of the press, taking some pretty hard blows over the massive sums it shelled out to build a customer base -$280 million – and a sales force – $108 million.

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