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In this video, we explore Groupon's incredible rise and fall. Once the fastest growing company ever, Groupon turned down a $6 billion offer from Google in 2010, confident of even bigger success. They then staged a record-breaking IPO in 2011, only to face a steady decline since. With a 60% drop in active users and 80% drop in revenue, Groupon's market cap now stands at a mere $200 million, less than 5% of Google's initial offer. How did this happen? Join us as we unravel the tale of Groupon's precipitous rise and its long, painful fall.
0:00 - 1:12 Intro
1:13 - 4:41 Growth of Groupon
4:42 - 8:22 A shady IPO
8:23 The decline
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