Technology trends of 2011

Crystal ball

90%

It has been said that history is the best predictor of future events and if that is in fact the case, then 2012 is going to be an incredibly exciting year in technology.  2011 saw the explosion of innovations in mobile and social technology with tremendous growth in group buying, geolocation applications, and tablet computing.   Continue reading

Daily deals gone wrong

Cupcakes102,000

Over the past year or so I’ve been a fairly vociferous critic of Chicago-based Groupon.  Not that they needed any additional scrutiny given the plentiful bad press the daily deals darling has received for their “creative” accounting, high customer acquisition costs, pre-IPO swagger, post-IPO shrinking stock price, and the questionable benefit they ultimately bring to their business customers.   Continue reading

Facebook’s massive market capitalization

Facebook IPO$100 billion ($100,000,000,000)

The social networking giant Facebook with over 800 million users (or are they customers?) is looking to go public in Q2 2012 with an estimated market capitalization of $100 billion, according to a recent article by the Wall Street Journal.  The initial public offering would raise approximately $10 billion in a deal that would be one of the largest in history – #15 as a matter of fact.   Continue reading

One of the worst IPOs of the year?

Aside

Groupon logoGroupon is currently trading at $17 which is a 45.4% decline from their opening day high earlier this month.  Some pundits are already jumping on the “worst IPO of 2011” bandwagon.  Time will tell.

More accounting irregularities threaten to derail the hottest IPO of 2011

More accounting irregularities threaten to derail the hottest IPO of 2011 || “More Trouble for Groupon IPO” http://ow.ly/6DSZO

The late Irish dramatist Brendan Behan once said that “there is no such thing as bad publicity except your own obituary” and I can’t help but think that the folks over at Groupon might want to rethink their brash rhetoric heading into their currently scheduled IPO. Continue reading

What does this mean for the future of the daily deals industry?

Facebook dealsWhat does this mean for the future of the daily deals industry? || “Facebook kills off Groupon competitor” http://ow.ly/6fEPD

 

Groupon’s business gets hammered in the Harvard Business Review

Groupon‘s business gets hammered in the Harvard Business Review || “Why Groupon Lacks a Viable Business Modelhttp://ow.ly/65Spy