Twitter Summary: Investors have a current attraction to coupon sites for the month of October. CouponCabin, along with two other have raised millions for there launch.
Thoughts: Whats bringing these investors to spend millions on coupon sites? It's not just one company, it has been 3 companies, different investors, and over 250 million in cash.
Are we seeing a current trend in the rise of coupon sites?It sure seems like it. People are still resilient in the idea of these sites and have confidence in the needs and wants of the customers that will drive the retailers in. The current strength in this industry high, and only creates more opportunity for mido.
We have to take a serious look at the life and timeline of these coupon sites because our business relies on them. Will they continue to be strong even when the economy stabilizes and people might not care about being thrifty? This will definitely be something we have to look into.
-Coleton Thielmann
Article: http://www.portfolio.com/views/blogs/daily-brief/2011/10/20/coupon-cabin-grabs-54-million-in-funding
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