Groupon's S-1: From Zero to Like? Billions in 30 Months ? AGILEVC
Agile VC
JUNE 5, 2011
The latter typically excludes taxes and non-cash expenses like taxes, depreciation, stock option compensation, etc… Groupon’s Adjusted CSOI is exactly the same but also excludes customer acquisition costs (though these are reported elsewhere). In Q1 2011 Groupon was acquiring new subscribers for $5.53
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