Groupon finally did their IPO before VC cash ran out and the company is now traded on the Nasdaq. We had an interesting discussion in the studio this morning about Groupon and the implication of buying stock in a company in the hope to make money in the short-term even though you disagree with the basic premise of what the company is all about and don’t want to support their growth.
That’s one of the big challenges of what Wall Street is facing. Betting for the sake of making money against what makes sense from a business point-of-view.
Are you going to buy some stock?