Coupons.com raises $200M to meet booming deal demand — Tech News and Analysis
Interesting that so much of the money will be used to buy out people instead of being effective in the company. In my world 50% that goes to waste (directly) is a good reason not to invest.
No doubt it’s the right time to get more funding now, before the deals market gets too crowded and the hype fades.
“The business of helping people save money on the web just keeps getting bigger.”
That’s not what deals is about at all, rather it’s an advertising business. Do you really think companies give rebates as an expression of kindness? It’s brand building, it’s getting new customers in, it’s getting customers away from competitors etc. Business as usual.