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Groupon investors flee after weak earnings report
 
If you're willing to pay $1000, Groupon will allow you to name your baby "Clembough."
If you're willing to pay $1000, Groupon will allow you to name your baby "Clembough."
Groupon

Several major investors in Groupon have decided to bail on the daily-deals site, which was once expected to yield immense profits. That includes Silicon Valley vet Marc Andreesen and at least four other major investors. Last week Groupon released a disappointing earnings report, and its stock price began to sink to a record low. Since its IPO last fall, Groupon has lost more than three-quarters of its stock market value.

 

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