Zahid Lilani – Technology and Social Media

SEC Takes Notice of Groupon’s Shady Accounting

Posted on 29. Jul, 2011 by Zahid Lilani.

In my previous post, I pointed out that Groupon’s accounting doesn’t make sense and it is a gimmick to fool the average investor. Soon behold, SEC is now looking into Groupon’s accounting methods that raised eyebrows among investors and SEC itself.
Here is the problem in plain English.
Groupon’s gross profit accounts for the amount paid to [...]

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10 Reasons Why Groupon IPO is a Bad Deal

Posted on 13. Jun, 2011 by Zahid Lilani.

Gropon filed paperwork to go public (IPO) on June 2, 2011. That’s 24 hours after Google released ‘Offers’ service in Portland, Oregon. Most likely a coincidence but important to mention because it matters in terms of competition; just one of the reasons Groupon IPO is a bad deal.

Here are the 10 Reasons Why Groupon IPO [...]

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Bubble in Theory, Not Reality

Posted on 03. Jun, 2011 by Zahid Lilani.

I read a somewhat interesting post on Reuters about LinkedIn’s recent IPO. In theory, LinkedIn’s first day price fluctuation and the week following the IPO, depicted a bubble. Three academics, Robert Jarrow, Younes Kchia, and Philip Protter, have created a model which they say proves their theory.

The paper they authored is currently being peer [...]

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