David Tisch | Street Fight

Why TechStars’ Tisch Won’t Buy Your ‘Daily Deal’ Company

Steven Jacobs

Why TechStars’ Tisch Won’t Buy Your ‘Daily Deal’ Company

Investment interest in daily deal companies has been flat for some time, but the stigma attached to the “daily deal” has turned the classification into a scarlet letter for companies. Some of the negativity around the term is likely a consequence of the irregularities found in Groupon’s accounting. But the underlying shift stems from a simpler strategic shift in industry organization…