Our Portfolio Companies in the Press

Crisis or correction for daily deals? By Teresa Novellino , Entrepreneurs & Enterprises Editor November 30, 2012  |  4:32pm EST These are dark days for daily deals, what with Groupon CEO Andrew Mason dealing with calls for his ouster and Living Social letting go of 10 percent of its staff. Does this signal the beginning…

CORRECTING and REPLACING Witness the Retail Revolution at the 2011 Daily Deal Media Conference. CORRECTION…by Daily Deal Media TROY, Mich.–(BUSINESS WIRE)–First paragraph, third sentence should read: Dean DeBiase, Chairman & CEO of Entertainment Promotions… (sted: Dean DeBiase, Chairman & CEO of Entertainment Publications…) “With more than 350 daily deal sites in the U.S. alone, several…

How Ben Federman Bootstrapped His Daily Deals Company Several years ago, “At the age of 23 and with a combination of cash, credit cards and other loans, I started my company,” said Ben Federman the CEO of 1SaleADay.com. “For six months it was just me, working out of my living room. At the end of…

By Alistair Barr SAN FRANCISCO | Wed Mar 21, 2012 4:33pm EDT (Reuters) – Amazon.com Inc (AMZN.O) ran a big daily deal this week without its strategic partner LivingSocial, suggesting the world’s largest Internet retailer is serious about building its own business in this fast-growing e-commerce niche. AmazonLocal offered a $10 Amazon.com gift card for…

Daily coupon deals may not work for buyers, sellers By Jayne O’Donnell and Hadley Malcolm, USA TODAY WASHINGTON – On a typical Friday night, the bar at Brasserie Beck here is packed with people waiting for a drink — perhaps one of the 90 Belgian beers it sells — and often a table in the…

Groupon: Business Is Booming Groupon insists it is on a roll, but investors appear somewhat skittish about the company’s prospects. “Right now, they have to perfect the same balancing act that all public companies do — how to push for growth while also delivering the type of numbers that make investors happy,” suggested Boyan Josic,…

Groupon shares plunge as it reports 4Q loss Groupon Inc. reported quarterly earnings as a publicly traded company for the first time on Wednesday, posting a net loss of $42.7 million for the fourth quarter of 2011, narrower than a net loss of $378.6 million in the fourth quarter of 2010. The Chicago-based daily deals…

According to a new report from Daily Deal Media, a great source of news, information and data about the hot daily deal industry, there’s a whole lot of consolidation and death going on among the many Groupon wannabes on this planet – at least in some regions. Daily Deal Media is keeping most of the…

798 Daily-Deal Sites Die — in 6 Months That’s good news for leaders such as Groupon Jan 19, 2012, 12:51 pm EDT  |  By Tom Taulli, InvestorPlace Writer & IPO Playbook Editor It’s not too hard to develop a daily-deal site. All it involves are some basic e-commerce capabilities as well as an e-mail marketing system. The…

Watch your backs Groupon and LivingSocial. A new report suggests daily deals sites are loosing steam quickly, with 798 daily deal sites worldwide shutting down in the second half of 2011. Even since before Groupon went public in November, analysts have wondered whether the daily deals business model is sustainable. Groupon’s IPO price of $20…

TROY, Mich., Jan. 19, 2012 /PRNewswire/ — Daily Deal Media, the leading news, information and data resource for the daily deal industry, today released their annual industry outlook and year-in-review report. Among the key findings covered within the report: The total number of deal publishers dropped 7.61 percent in the last 6 months of 2011….

With the explosion of companies like groupon, livingsocial and many others, the way consumers purchase online may have been altered forever. Which companies will emerge as front runners in this space, and who are some of the executives behind them? Which investors stand to gain the most, and which companies have they backed? Daily Deal…

Mobile Payment Devices Becoming More Popular Mobile payment providers GoPayment and Square saw a lot of growth in the last year and are expected to become even more popular in the new year. For starters, Square has over 1 million U.S. merchants offering its mobile payment app, according to a report from Daily Deal Media….

Bad News Overshadows Good News for Groupon. Even merchants that reported positive experiences working with daily deal providers like Groupon aren’t flocking back to those services to sign up for more, according to a new survey. What does that say about the daily deal model? To investors, it suggests that it simply is not sustainable,…

The Three Worst Daily Deal Mistakes and How to Avoid Them. Some small companies have had nightmarish experiences working with sites like Groupon and others. Follow these tips to make your campaign a success. Is it time for your business to get in on the daily deal trend? If you’re thinking yes, you’ll want to…

Merchants on the Fence About Daily Deals. by Teresa Novellino , Entrepreneurs & Enterprises Editor. For merchants, the question of whether or not to do a daily deal is tough: Yes, it will bring in guaranteed customers, but is it worth it if you have to offer goods and services at a discount and only…

Don’t Let Groupons Go to Waste: Secondary Websites Do a Brisk Resale Business. One month of discounted parking, 50% off a local restaurant, and six sessions of laser hair removal for $45. What do these things have in common? They’re unused daily deals with looming expiration dates. More than 450 discount-offer websites and services have…

Groupon sued over expiration dates; new sites let buyers sell unused deals. Sites like Groupon and LivingSocial offer daily deals for discounted services and products, but the coupons come with a caveat: an expiration date. A new class-action lawsuit filed in Illinois seeks a preliminary injunction to block Groupon from selling deals. According to The…

Groupon glitch snarls service in five cities: report. (Crain’s) — Groupon Inc. customers in five cities experienced a technical glitch over the weekend that might have kept them from buying the online coupons the company offers. According to a report on the Wall Street Journal blog Digits, Groupon’s email service, Exact Target, had a server…

So No, Email is Not Dead. The Groupon Fail Proves It. The Wall Street Journal raised hackles in the email marketing community almost two years ago when it declared email was dead. Technically what it said was that email was fast becoming less relevant and soon wouldn’t be the dominate online medium by which people…

Groupon email provider outage leaves some customers in the dark. Some Groupon customers trying to snatch up the latest daily deal may have run into problems over the weekend. The Chicago-based daily deal site’s emailservice, Exact Target, suffered from a server outage that started on Saturday morning and wasn’t fixed until Monday morning. The outage…

Groupon Provider Outage Leaves Some Customers in the Dark on Deals. By Shayndi Raice Some Groupon customers trying to snatch up the latest daily deal may have run into problems over the weekend. The Chicago-based daily deal site’s email service, Exact Target, suffered from a server outage that started on Saturday morning and wasn’t fixed…

Does Groupon’s e-mail outage expose a lack of brand loyalty? By Derrick Harris The service provider responsible for Groupon’s daily e-mail deals, suffered a server outage this weekend that looks to have had a staggering effect on Groupon sales in several cities. This seems to play up Groupon’s overall dependence on emails as the primary method…

Resale sites give users an out for ‘Groupon remorse’. A growing number of shoppers with buyer’s remorse are tapping an emerging resale market to unload the coupons they no longer want from sites like Groupon and LivingSocial. For the uninitiated, daily deal sites offer limited-time discounts of as much as 90% on a variety of…

Daily Deal Stats: The Big Players Still Control The Game, Mobile Is Up (Oh, And Animal Names Are In). Today, at BIA/Kelsey’s “Deals 3D” conference in San Francisco, Dan Visnick, VP of Marketing at The Dealmap, shared some insights into the current landscape of daily deals. Dealmap, a repository of daily deals collected from over 350…

Daily Deal Media – the leading provider of news, data and intelligence in the social commerce industry, today announced the appointment of Eric Meyer as its President. Mr. Meyer is a tech industry veteran having built several IT companies in the systems integration, web development and IT management consulting sectors. He has led numerous turnarounds…

Daily Deal Media launches DDMVerified: Boosting Consumer Confidence in the Industry. Consumers have needed a dependable method of determining which daily deal sites are reliable and safe to use and which ones may come with risk.The endless bombardment of deals being offered by thousands of companies have led to confusion and frustration, and its becoming…