The “Can’t do anything wrong these days” company is Groupon. With the talk of a $15 billion IPO in the offing and the fact that they have been handed the crown of the “Next Big Thing” (or “Greatest Indicator of a new Bubble” depending on who you listen to) the video below from CEO and co-founder Andrew Mason can give some insight into what many feel is happening with Groupon deals more often than we know.
The background is that a ‘Groupon’ went pretty poorly in Japan and Groupon is trying to silence the storm in Japan and get everyone back to ‘Groupon normal’. Right now it’s not. Here’s Mason’s apology.