Yipit’s Vacanti: Flash Offers Will Drive Growth of Deals Industry

During a keynote address at yesterday’s Daily Deal Summit in New York, Yipit CEO Vin Vacanti laid out a trajectory for the deals space, in which Gilt-like flash offers would drive much of the industry’s growth. “It’s not about daily deals anymore; what these companies have realized is that they’re building a user base that’s willing to consume from them,” said Vacanti.