Dirk Knemeyer

The decline of Groupon and LivingSocial

The decline of Groupon and LivingSocial, March 15, 2011

A short comment contextualizing the prediction could go right here

Reports are intensifying that Facebook is working with local businesses on a direct competitor to local deal sites such as LivingSocial and Groupon. We’ve seen this coming for some time. But the degree of focus and investment Facebook appears to be making sounds like it’s the beginning of the end for the impressive startups beginning to dominate this space. Stay tuned.