{"id":1523,"date":"2011-08-04T13:58:00","date_gmt":"2011-08-04T11:58:00","guid":{"rendered":"http:\/\/www.b.shuttle.de\/hayek\/Hayek\/Jochen\/wp\/blog-en\/?p=1523"},"modified":"2011-08-04T13:58:00","modified_gmt":"2011-08-04T11:58:00","slug":"groupons-strikeouts-reveal-an-unspoken-truth-jonathan-weil-bloomberg","status":"publish","type":"post","link":"https:\/\/wp.jochen.hayek.name\/blog-en\/2011\/08\/04\/groupons-strikeouts-reveal-an-unspoken-truth-jonathan-weil-bloomberg\/","title":{"rendered":"Groupon\u2019s Strikeouts Reveal an Unspoken Truth: Jonathan Weil &#8211; Bloomberg"},"content":{"rendered":"<p>\t\t\t\t<a href=\"http:\/\/www.bloomberg.com\/news\/2011-08-04\/groupon-s-strikeouts-reveal-an-unspoken-truth-jonathan-weil.html\">Groupon\u2019s Strikeouts Reveal an Unspoken Truth: Jonathan Weil &#8211; Bloomberg<\/a><\/p>\n<div>\n<\/div>\n<div>\n<a href=\"http:\/\/en.wikipedia.org\/wiki\/David_Heinemeier_Hansson\">DHH<\/a> referred to this article in a series of tweets (<a href=\"https:\/\/twitter.com\/#!\/dhh\/status\/99111294724087809\">a<\/a>, \u2026):<\/div>\n<div>\n<div>\n<blockquote><p>\n<i>Bloomberg rightfully blasts Groupon&#8217;s &#8220;bizarre profitability metric&#8221; and discusses the SEC investigation.<\/p>\n<p>&#8220;Nobody should consider this number to be of any use, because even GRPN couldnt come up with an explanation for why it has merit&#8221;, Bloomberg.<\/p>\n<p>Great to hear the SEC is looking into these bullshit metrics.<\/p>\n<p>Without the generally accepted accounting principles being enforced, it&#8217;s too easy to make shit into gold and call it shiny.<\/p>\n<p>Love the teeth of that Bloomberg piece to: &#8220;Groupon is making a mockery of the SEC\u2019s rules&#8221;. Damn straight.\u00a0<\/i>\u00a0<\/p><\/blockquote>\n<p>groupon presents untrue figures?!? funny! not surprised.<\/p>\n<p>At least I earned quite a little money on them. Their free food and beverages were nice there.<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Groupon\u2019s Strikeouts Reveal an Unspoken Truth: Jonathan Weil &#8211; Bloomberg DHH referred to this article in a series of tweets (a, \u2026): Bloomberg rightfully blasts Groupon&#8217;s &#8220;bizarre profitability metric&#8221; and discusses the SEC investigation. &#8220;Nobody should consider this number to be of any use, because even GRPN couldnt come up with an explanation for why [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false,"_share_on_mastodon":"0"},"categories":[666],"tags":[],"class_list":["post-1523","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"share_on_mastodon":{"url":"","error":""},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paO0kP-oz","jetpack_likes_enabled":true,"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wp.jochen.hayek.name\/blog-en\/wp-json\/wp\/v2\/posts\/1523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp.jochen.hayek.name\/blog-en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp.jochen.hayek.name\/blog-en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp.jochen.hayek.name\/blog-en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.jochen.hayek.name\/blog-en\/wp-json\/wp\/v2\/comments?post=1523"}],"version-history":[{"count":0,"href":"https:\/\/wp.jochen.hayek.name\/blog-en\/wp-json\/wp\/v2\/posts\/1523\/revisions"}],"wp:attachment":[{"href":"https:\/\/wp.jochen.hayek.name\/blog-en\/wp-json\/wp\/v2\/media?parent=1523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp.jochen.hayek.name\/blog-en\/wp-json\/wp\/v2\/categories?post=1523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp.jochen.hayek.name\/blog-en\/wp-json\/wp\/v2\/tags?post=1523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}