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.
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