Groupon's S-1: From Zero to Like? Billions in 30 Months ? AGILEVC
Agile VC
JUNE 5, 2011
Even for those who don’t care to dive into the numbers, it’s worth a quick glance because co-founder/CEO Andrew Mason wrote a letter which forms the preamble of the full document. How They Make Money: Groupon keeps a share of the coupon value (typically 40-50%) as its net revenue (1). 2010 Gross Profit: $280M.
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