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Groupon's S-1: From Zero to Like? Billions in 30 Months ? AGILEVC

Agile VC

In addition, Groupon has a favorable cash cycle as they collect cash up front from consumers but don’t have to pay merchants for awhile (in US typically 60 days, int’l usually upon consumer redemption). The folks at Yipit did a detailed analyis of the Boston data and concluded Groupon’s model is deteriorating there.