Forbes.com
Brendan Coffey
March 16, 2011
That $6 billion Groupon's Eric Lefkosky turned down from Google last year is probably looking a little better now.
The Massachusetts Alcohol Beverage Control Board, aka the no-fun guys, have told Groupon it appears to have been violating the state's laws on discounting booze since its inception. Here's part of the letter sent to the company in February, as reported yesterday by the Boston Globe:
"I am hopeful that the long-established, clear, bright lines of the boundaries of legality have not vanished in the rear-view mirror of entreprenurism driven by unbridled and imprudent, if not reckless, enthusiasm," william A. Kelley Jr., the commission's legal counsel, wrote to Groupon in the February letter.
That takes a bit of the shine off the discount deals, now that beer, wine and sangria are excluded from your $50 Groupon to Beefsteak Charlie's. Yesterday's deal for an Essex restaurant had a blodfaced "Not valid toward alcohol" on the offer.
click here to read the full article.
"Interestingly, koi, when put in a fish bowl, will only grow up to three inches. When this same fish is placed in a large tank, it will grow to about nine inches long. In a pond koi can reach lengths of eighteen inches. Amazingly, when placed in a lake, koi can grow to three feet long. The metaphor is obvious. You are limited by how you see the world."
-- Vince Poscente
-- Vince Poscente
Thursday, March 17, 2011
Check Out: Groupon Has a Drinking Problem - Update 2
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