Graphing Groupon’s grotesque governance and “growth”

In case you hadn’t noticed, Facebook is set to IPO very soon but, courtesy of BackgroundCheck.org, we have a breakdown of the dismal truth behind the next best thing since sliced bread – Groupon.

Between their ‘dodgy’ growth and desperately poor governance, the SEC is showing a keen interest (or maybe just angling for a handout of IPO allocations). With a timeline from its 2007 inception through its November 2011 IPO to its recent plunge (now 70% below IPO-day highs), the events and ongoing uncertainty make for fascinating viewing.

groupon

Source: http://www.zerohedge.com/news/graphing-groupons-grotesque-governance-and-growth