The Minutes of Bill Gurley on groupon https://minutesof.com/bill-gurley/on/groupon/ Everything Bill Gurley has said on groupon: 2 verbatim quotes from June 2011, each with a timestamp and a link to the recording it came from. en Sun, 30 Aug 2026 16:22:10 +0000 Gurley argues daily deal business value is inversely tied to platform rake, like a casino. https://minutesof.com/q/e31d75c1-2b6a-42a0-948e-2888eed41196/ https://minutesof.com/q/e31d75c1-2b6a-42a0-948e-2888eed41196/ “The thing that strikes me about the deal business is that the value to the customer is a direct function of the rake of the platform or the margin the platform maker takes.” — Bloomberg Originals Sat, 11 Jun 2011 01:20:44 +0000 groupon Gurley argues daily deal platforms with lower take rates will inevitably attract more customers than high-rake https://minutesof.com/q/81072470-5f7d-4010-825d-69979c0b10fc/ https://minutesof.com/q/81072470-5f7d-4010-825d-69979c0b10fc/ “In other words if you had a casino on one side of the street that took a 50% rake and another one on the other that took a 10% rake, eventually all the customers are gonna go to where the rake's 10%. Right?” — Bloomberg Originals Sat, 11 Jun 2011 01:20:44 +0000 groupon