Groupon Watch: Unknown IPO

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Groupon’s got some splainin’ to do.

With the recent third-time amended SEC filing, it has cut its revenue in half, and top execs are fleeing (including the five-month veteran COO). Still, the IPO is on the horizon – we just don’t know when.

They also try to clarify the company’s memo to employees leaked to the press last month. In addition, how long do subscribers stick with daily deals before tiring of the offerings?

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