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News & Analysis

Yipit’s Vacanti: Groupon’s Bubble Has Burst

October 26, 2011October 26, 2011 by Ellie Behling

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Has the bubble burst in the daily deals industry? Vinicius Vacanti, co-founder of Yipit, addressed this question while kicking off the second day of the Street Fight Summit in New York today. The Groupon valuation bubble might have burst, but the daily deals industry and the big players in it are alive and well, he said. Businesses are […]

News & Analysis

Street Fight Daily: 04.27.11

April 27, 2011May 2, 2011 by David Hirschman

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups.…

Consumer-reviews website Yelp is declining to seek another round of financing and instead has its sights set on going public, the start-up’s chief executive officer, Jeremy Stoppelman, said in an interview. (WSJ)…

Facebook Deals isn’t a Groupon-killer, writes Yipit co-founder Vinicius Vacanti. That’s because, among other reasons, Facebook doesn’t have a sales force and small businesses won’t self-serve. (Yipit Blog)…

Parsing the data on daily deals customers, Nielsen found that visitors to Groupon and Living Social are nearly two-thirds female and that they are more likely than the average U.S. Internet user to be affluent. (NielsenWire)…

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