Groupon was generating revenues, not profits. They also lied about their revenue...

		juliendsv-mbm on July 30, 2012 \| parent \| context \| favorite \| on: And then the music stopped Groupon was generating revenues, not profits. They also lied about their revenue declaring their gross billings as their revenue, but they should have declared their net revenue (the amount groupon keeps after paying the merchant) before going IPO ..