Greg Gibbs, owner of Chicago Bagel Authority in Lincoln Park, felt this pain firsthand when he signed on with Groupon for a deal-of-the-day in January. His promotion, which cost $3 for an $8 voucher good for any menu item, sold nearly 10,000 Groupons, 10 times more than the top end of Gibbs’ expectations.
“This will end up being the year of the Groupon for us, and that’s not a good thing,” Gibbs said. “We’ll count it as a loss. “
(Link: Groupon’s growth: Groupon trying to counter growing pains – chicagotribune.com)
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August 16, 2010

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