Groupon may have put an end to creative accounting used by other high-tech companies with the SEC’s scrutiny of its S-1 filing … which is not necessarily a bad thing.
In other news, the sale of Groupons for major sporting events, particularly soccer, may be hurting attendance when impulse buyers don’t show up for games.
Also one entrepreneur has a solution for copycats to compete with Groupon and LivingSocial: Hire away their sales reps.
Read more:
- Groupon’s S-1 could be bad news for companies using creative accounting methods. (Business Insider)
- Empty seats don't look good on TV. (Bnet)
- A daily deal biz founder promises better opportunities for Groupon’s sales reps. (Daily Deal Media)
- Harvard wants to know how Groupon intends to create real profits. (Bloomberg)
- Today’s Deal: $41 for a one-month membership to Gymboree
