About a month ago, I remarked on Groupon’s explosive revenue growth (and its equally impressive cost growth). The company revised its financial results yesterday, and the revenue picture looks less explosive. In the latest update of its S-1 registration statement, Groupon reported $393 million in Q2 revenues. That’s a remarkable figure for such a young company but a far [...]
Posts Tagged ‘Business’
Groupon’s Revenue Measure Shrinks More Than 50%
Posted in Business, Technology, tagged Accounting, Business, Groupon, Internet on September 24, 2011 | 2 Comments »
Groupon’s Explosive Growth Continues … As Do Its Losses
Posted in Business, Technology, tagged Business, Groupon, Internet on August 11, 2011 | 7 Comments »
Daily deal leader Groupon continues to grow its revenues at a jaw-dropping pace. According to its updated S-1 filing, the company sold $878 million in Groupons in the second quarter, ten times more than a year earlier: However, costs have been exploding too. Groupon spent almost $1 billion in Q2: Put it all together, and Groupon has been losing [...]
Groupon’s Explosive Growth
Posted in Business, Technology, tagged Business, Groupon, Internet on June 2, 2011 | 3 Comments »
We’ve all heard the rumors that Groupon is the fastest growing company ever. Today it finally opened its books in its preliminary filing to go public. Wow. In the first quarter of 2009, the online deal company mustered only a quarter of million in revenue. In the first quarter of 2011, it brought in almost $650 million. Wow. Only [...]
Economics in Action: Is Groupon Worth It?
Posted in Microeconomics, tagged Business, Microeconomics on November 23, 2010 | 2 Comments »
Over at the New York Times You’re the Boss blog, Jay Goltz provides a great example of economic reasoning (ht: Jack B). His topic: how should small businesses think about the costs and benefits of participating in daily coupon sites like Groupon? Participants can see big spikes in traffic, at the expense of slashed margins. Is [...]
Netflix Avoids the Sunk Cost Fallacy
Posted in Business, Internet, Technology, tagged Business, Netflix, Wired on September 28, 2009 | 5 Comments »
The highlight of this month’s Wired magazine is a profile of Netflix and its CEO, Reed Hastings. The theme is Netflix’s strategy to thrive even as their business model changes (e.g., as on-line streaming replaces DVDs by mail). The opening paragraphs document an impressive willingness to change course: It had taken the better part of [...]
Craigslist’s Business Model
Posted in Business, Internet, Technology, tagged Bloomberg, Business, Craigslist, Strategy, Wired on August 26, 2009 | 3 Comments »
The magazine Wired regularly publishes some of the most interesting articles about economics and the modern world. Last month, for example, they had a great article about the antitrust threats looming over Google. The month before, it covered the economics of Somali pirates, which I never found time to write about. And the month before that, [...]
Big Salaries at Netflix
Posted in Business, tagged Business, Compensation, Netflix on August 6, 2009 | 10 Comments »
The slide deck describing the culture at Netflix has some real gems (ht kottke.org). For example, here are three elements of the company’s compensation practices: Unlike many companies, we practice “adequate performance gets a generous severance package.” (slide 26) Netflix vacation policy and tracking: “there is no policy or tracking” (“There is also no clothing [...]
Most Requested
Twitter
Get Updates by Email
Get Updates by RSS
Share or Bookmark
-
Recent Posts
- The Miracle of Chained Kidney Transplants
- Five Principles for Fixing America’s Tax System
- How Would the Buffett Rule Affect Marginal Tax Rates?
- Financial Answers Made Simple
- The 102% Tax Rate and Other Perils Measuring Tax Rates
- When Should You Stop Looking for a Possibly-Extinct Species?
- A Sunday Numeracy Quiz
- The U.S. Economy is Uncertain, Fragile, and … Growing
- Do Federal Workers Get Paid More Than Private Ones?
- Online Education and Self-Driving Cars
- How Much Does the United States Really Owe?
- Can One Professor Teach 500,000 Students At Once?
- Capital Gains Taxes Are Going Up
- The Natural Gas Glut is Reshaping Electricity Markets
- Oil and Natural Gas Prices Move Even Further Apart
30-Second Economics
Tags
Categories
Archives
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
Translate this blog into
