The Madeleine Brand Show for June 21, 2011

The Groupon pyramid scheme?

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Scott Olson/Getty Images

A sign marks the location of the Groupon headquarters on November 30, 2010 in Chicago, Illinois.

Forget clipping coupons - bargain hunters these days flock to sites like Groupon. The daily deal site sell customers a coupon that promises deep discounts on everything from cupcakes to airline tickets. It's a great deal for shoppers. But journalist Rocky Agrawal says Groupon's model isn't so stellar for the businesses they work with and the company itself could collapse in the near future.

Rocky Agrawal wrote a series of articles for Tech Crunch on Groupon and the rise of the daily deal website.


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