OpenTable dumps the daily deal
On Monday, the company that made the ‘daily deal‘ famous went public. Groupon’s debut as a publicly-traded company was successful, despite the widespread criticism the company had received in the months leading up to its IPO.
Going public, of course, doesn’t mean that Groupon has answered the serious questions about its business model and future prospects. And if moves by another player that entered the daily deals space is any indication, the company that turned daily deals into a billion-dollar market may have its work cut out for it.