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Groupon

Groupon is a unique new startup that’s getting a ton of press, recently for valuation at $250MM.

The idea is a combination of woot and time sharing… There’s a daily deal for a percentage off it’s regular price from a local retailer. If you like the deal, you can pledge to buy it. The deal only works though, if a certain (pre-determined) number of people pledge to buy it as well. Once there’s enough people, the deal goes through and everyone gets the Groupon.

Good stuff!

    • #startup
  • 2 years ago
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About

Avatar I'm a Ruby developer that loves to play with science, math, and gadgets. Previously, I was part of a startup called drop.io, acquired by Facebook. I live in Fort Worth, TX with my wife, 2 dogs, and baby boy. I'm a foodie, a gamer, and a self proclaimed scientist.

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