As many of you know, this week Groupon fired its chief executive believing that under new leadership the money-losing company will be able to make a turn around. According to Executive Chairman Eric Lefkofsky, the Chicago-based e-commerce site is “inches away from greatness.” I am sorry Eric but I do not see it unless Groupon’s …
If you are not aware of it yet, the group buying wars are heating up. At the end of 2010, Google offered the owners of Groupon, the most popular group buying website, $6 billion to purchase the company. Groupon declined the offer and, instead, is reportedly gearing up for a $15 billion IPO, according to …