BMGT 440 Lecture Notes - Lecture 3: Andrew Mason, Theglobe.Com, Boo.Com
Document Summary
In the early 2000s, . com sites began to go bankrupt. Freeinternet. com, theglobe. com, and govworks. com all went bankrupt, which is why most have never heard of these sites today. After these companies went bankrupt, many investors debated whether the new surge in online startups in 2011 will go through the same ordeal as the ones that emerged during the . com boom. Groupon was one of the companies about to enter the social media ipo list. Groupon was a . com company that partnered with other businesses to offer daily coupons and specials for customers that signed up. They dealt with offerings in food, entertainment, travel, etc. and are still very successful today. The main goal that groupon intends to follow is that nothing is more important to us than treating our customers well. If you ever feel like groupon let you down, give us a call and we"ll return your purchase simple as that.