Groupon is now offering topic specific deals, and unveiled its first real estate deal last Friday with a $25 coupon redeemable for $1,000 cash at transaction closing. With over 163 sold over four days of a one week deal, Groupon validated the concept that home buyers and sellers will pay a nominal fee of $25 [...]
Archive | April, 2011
Institutionalizing Entrepreneurship and the Education Tradeoff
Through one of my new favorite “social discovery” services LetsLunch.com, I had the pleasure of lunch with Sarah Lacy. She brought me her latest book Brilliant Crazy Cocky, a tome to the universal entrepreneurial spirit in six countries she surveyed last year. I read most of it over the weekend (and recommend it highly). One [...]
Groupon for Real Estate
Groupon-like deals can work for real estate, but not as a typical $10 for $20 worth of product purchase. Real estate can’t be sold as a 30% off purchase price item (although they certainly tried variations of this at California real estate investment clubs in 2005). Real estate marketing has generally relied on variations of [...]
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