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I'd actually been testing that theory for many months, and was all set to declare it victory when Groupon happened.

I was sure that the level of negativity on the company leading up to the IPO would pretty much assure it's success.

But I think folks have been proven to be mostly right about that (if not a little hyperbolically fatalistic).



The "Groupon is a giant Ponzi scheme" conventional wisdom slingers of HN haven't been proven right about anything.




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