Groupon Quotes & Sayings

We've only made three investments: Facebook, Groupon, and Zynga. — Yuri Milner

Groupon's model: Getting the group discount rate first, finding the group second. The daily deal goes out and, if a minimum number of people sign up, they can all share in the group rate. Vendor gets customers, customers get a discount, Groupon gets a cut. — Rachel Sklar

The popularity of Groupon has almost rendered the group-buying element of it obsolete, because we're able to deliver so many customers that the merchants are very happy with even the smallest number that we can provide. — Andrew Mason

Groupon as a company - it's built into the business model - is about surprise. A new deal that surprises you every day. We've carried that over to our brand, in the writing and the marketing that we do, and in the internal corporate culture. — Andrew Mason

Groupon is a great concept packaged in a superb name, but the concept of group discounts is not new. — Rachel Sklar

We had this unbelievable faith that no business has done, quite frankly, and we tripped along the way doing it, but within two years, we were in 40-plus countries. So we ran at an amazing pace, and this is where venture capitalists play a role. Making Groupon into what it is today, we had no role in it; the entrepreneurs did it. — Peter Barris

Our tenants now are companies like Uber, the taxi service, Meituan, China's version of Groupon - and a large number of startups. These companies operate in a modern way, just like their customers: They go on the Internet, look for an offer and take it. — Zhang Xin

I've learned I'm rarely able to stay at home and not work. If I try to 'just sit on my couch for a little while,' I am going to grab my laptop and just knock out a few more emails, or start sketching up some product ideas for TheMuse. So when I want time off, I schedule dinners out, movie outings, and on occasion a flight lesson from Groupon. — Kathryn Minshew

There are over 2,000 direct clones of the Groupon business model. However, there's an equal amount of proof that the barriers to success are enormous. In spite of all those competitors, only a handful are remotely relevant. — Andrew Mason

Generally, what people tend to underestimate is the cyborg nature of Groupon. We are a company that has the DNA of being both a technology company and a heavily operational company. — Andrew Mason

I think the big thing about Groupon is just people had never seen anything grow quite so fast. — Andrew Mason

I think there's a time to be private and a time to be public, and I think that companies like Facebook and Groupon are basically transformational companies. You don't come across them very often, and I'm pretty sure that they can continue to grow for a long time even being public. — Yuri Milner

Groupon, as you probably are by now aware, is exactly what it sounds like: a daily-deal site offering group discounts. Maybe you've seen that done before, but certainly not like Groupon, which has executed with an energetic sales force and engaging copywriters, many culled from the Chicago comedy scene. — Rachel Sklar

Groupon has some interesting assets. — Matt Cohler

Kai-Fu's Innovation Works is the top very-early-stage fund in China. We are proud to be an investor, and hope that IW will help to produce in China companies on the scale of Facebook, Zynga, or Groupon. — Yuri Milner

A lot of what Groupon is generating is demand for something people didn't know they wanted. — Jeremy Stoppelman

Groupon looked like a very high valuation, but any investment in a great company at any stage is almost always a good investment. — Ben Horowitz