November 4, 2011

Groupon Goes Public Today!

There are hundreds of people who want to weigh in on this very controversial IPO.  Most feedback is negative as their current model simply doesnt work for most retailers and therefore is not sustainable.  This of course is an opinion I share, but I’m willing to give them the benefit of the doubt – Amazon managed to make the leap from being an online bookstore to  the “Walmart” of the internet, and now a leader on Cloud Computing.  My point; it’s not over until they run out of money.  Best of luck to them, and hopefully they won’t make the Top  Web 2.0 Failures in 10 years. My favorite from the 2000 era is Pets.com see the montage below.

 

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Jalem is the President of Wantable, Inc. based in Milwaukee, Wisconsin.

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