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So with the quiet period over, he has wasted little time in getting
high-profile interviews. One was actually with
60 Minutes. In it, he compared the IPO process to a wolverine's skin being melted away.
Twitter and become a fan on
And this week, Andrew gave another memorable interview. This one came at the Digital Life Design conference in Munich, Germany. And yes, Andrew had some more colorful metaphors. Perhaps the most interesting was his belief that Groupon is a "cyborg." That is, the company is more than just a set of cool algorithms, a la
Instead, Groupon has an important human component. You can actually call the company and talk to somebody!
Indeed, it has over 10,000 employees, with 7,000 in other countries. No doubt, this would be incredibly hard to replicate -- and as a result, it represents a major barrier to entry for the thousands of other daily-deal sites that are trying to get traction. After all, a variety of big competitors, including
OpenTable(OPEN), have scaled back their daily-deal efforts. Perhaps they need to remodel themselves as cyborgs.
Tom Taulli runs the InvestorPlace blog IPOPlaybook, a site dedicated to the hottest news and rumors about initial public offerings. He is also the author ofAll About Short Sellingand All About Commodities. Follow him on Twitter at @ttaulli. Related Articles:
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