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Short logic: Groupon IPO: Pass on this deal →

shortlogic:

Groupon has filed its S-1 and hopes to raise $750M in its initial public offering. Given they’re currently losing a staggering $117M per quarter, despite revenues of $644M, they’ll be burning through that cash almost as soon as it hits their account.

At the moment, it’s costing them $1.43 to make $1…

(Source: shortlogic)

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