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	<title>Betabeat &#187; Booting Up: The Groupon Can&#8217;t Be Groupon So It Tries to Be Amazon Edition</title>
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		<title>Booting Up: The Groupon Can&#8217;t Be Groupon So It Tries to Be Amazon Edition</title>

		<comments>http://betabeat.com/2012/08/groupon-goods-groupon-earnings-call-andrew-mason-08152012/#comments</comments>
		<pubDate>Wed, 15 Aug 2012 08:25:21 -0400</pubDate>
					<link>http://betabeat.com/2012/08/groupon-goods-groupon-earnings-call-andrew-mason-08152012/</link>
			<dc:creator>Nitasha Tiku</dc:creator>
				
		<guid isPermaLink="false">http://betabeat.com/?p=58510</guid>
		<description><![CDATA[<p><div id="attachment_58513" class="wp-caption alignleft" style="width: 310px"><a href="http://nyobetabeat.files.wordpress.com/2012/08/6_groupon.jpg"><img class="size-medium wp-image-58513" title="andrew mason" src="http://nyobetabeat.files.wordpress.com/2012/08/6_groupon.jpg?w=300" alt="" width="300" height="175" /></a><p class="wp-caption-text">You, sir, are no Jeff Bezos.</p></div></p>
<p>With <a href="http://nymag.com/daily/intel/2012/08/groupon-at-the-crossroads.html">daily deals shrinking</a> and Groupon stock tanking, CEO Andrew Mason spent yesterday's earnings call trying to hype Groupon Goods to sell discounted merchandise to customers. The company's long-awaited moment of reckoning practically moved Farhad Manjoo to song. [<a href="http://www.slate.com/articles/technology/technology/2012/08/groupon_earnings_report_the_daily_deals_site_s_crummy_business_model_is_finally_dead_hooray_.single.html">Slate</a>]</p>
<p>Twitter cofounder Evan Williams unveiled Obvious Corp's new project: a publishing tool called Medium. It's "an evolutionary leap," if he does say so himself. [<a href="https://medium.com/p/9e53ca408c48">Medium</a>]</p>
<p>How is Steve Ballmer planning to move Microsoft Surface tablets off the shelves? At the low, low price of $199! Please tell us he's starring in <a href="http://betabeat.com/2012/05/the-5-best-steve-ballmer-videos-of-all-time/">an infomercial</a> to go along with it. [<a href="http://www.pcworld.com/businesscenter/article/260889/microsoft_surface_could_be_a_huge_hit_at_199.html">PC World</a>]</p>
<p>OrderAhead, a Y Combinator startup that lets you order takeout in advance and pick it up yourself, raised $2.3 million from Eric Schmidt, Quora's Adam D'Angelo, and others. Like Seamless, but with more exercise. [<a href="http://techcrunch.com/2012/08/14/orderahead-launch-funding/">TechCrunch</a>]</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_58513" class="wp-caption alignleft" style="width: 310px"><a href="http://nyobetabeat.files.wordpress.com/2012/08/6_groupon.jpg"><img class="size-medium wp-image-58513" title="andrew mason" src="http://nyobetabeat.files.wordpress.com/2012/08/6_groupon.jpg?w=300" alt="" width="300" height="175" /></a><p class="wp-caption-text">You, sir, are no Jeff Bezos.</p></div></p>
<p>With <a href="http://nymag.com/daily/intel/2012/08/groupon-at-the-crossroads.html">daily deals shrinking</a> and Groupon stock tanking, CEO Andrew Mason spent yesterday's earnings call trying to hype Groupon Goods to sell discounted merchandise to customers. The company's long-awaited moment of reckoning practically moved Farhad Manjoo to song. [<a href="http://www.slate.com/articles/technology/technology/2012/08/groupon_earnings_report_the_daily_deals_site_s_crummy_business_model_is_finally_dead_hooray_.single.html">Slate</a>]</p>
<p>Twitter cofounder Evan Williams unveiled Obvious Corp's new project: a publishing tool called Medium. It's "an evolutionary leap," if he does say so himself. [<a href="https://medium.com/p/9e53ca408c48">Medium</a>]</p>
<p>How is Steve Ballmer planning to move Microsoft Surface tablets off the shelves? At the low, low price of $199! Please tell us he's starring in <a href="http://betabeat.com/2012/05/the-5-best-steve-ballmer-videos-of-all-time/">an infomercial</a> to go along with it. [<a href="http://www.pcworld.com/businesscenter/article/260889/microsoft_surface_could_be_a_huge_hit_at_199.html">PC World</a>]</p>
<p>OrderAhead, a Y Combinator startup that lets you order takeout in advance and pick it up yourself, raised $2.3 million from Eric Schmidt, Quora's Adam D'Angelo, and others. Like Seamless, but with more exercise. [<a href="http://techcrunch.com/2012/08/14/orderahead-launch-funding/">TechCrunch</a>]</p>
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