Startups that Succeeded by Change in Business
By siliconindia
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Groupon
Sometimes the idea can be great and completely right, but the target market may go wrong. And this happened with Groupon. Founded in 2006, The Point bean as a platform for mobilizing groups of people towards action for various causes. Grupon was initially just one subset of another site. The group buying aspect created a buzz among the users much more than the social and political concept of the platform.