Exclusive: Groupon Will Dump Controversial ACSOI Accounting in Amended IPO Filing

The social buying phenom is planning to bid goodbye — and good riddance — to its lightning rod of an accounting metric.
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Groupon Annual Revenues Actually $2 Billion

According to sources close to the situation, Groupon’s actual run rate for this year is clocking in at $2 billion in revenue, rather than the widely quoted $500 million. Who knew hawking spas treatments and stripper pole lessons could be so lucrative?

FamilyFinds: Discount Deals Site Aimed at Families Launches With $5.75 Million Funding

Even as Groupon is poised to sell itself to Google for badillions of dollars, the attack of the social buying clones continues. Today, it is the launch of FamilyFinds, a Santa Monica, Calif., start-up aimed at offering daily deals to families, with $5.75 million in funding to help it get going.

Voices

Doctors Launch TheNNT.com to Give Treatment Info

Conveying how well a therapy works–and doing so in understandable terms–isn’t easy, but a group of physicians is trying to change that. Their new website, TheNNT.com, looks at a stat called the “number needed to treat,” which it defines as “a measurement of the impact of a medicine or therapy [that estimates] the number of patients that need to be treated in order to have an impact on one person.”

Condé Nast, With Help From a Nearly Naked Rihanna, Takes Another Step Toward Digital Magazines

Condé Nast has taken another small step into the future of digital magazines: The publisher has put a second edition of its GQ magazine up for sale on Apple’s iTunes Store. Seminude pop star aside, this doesn’t seem as sexy as the Tablet of Tomorrow talk. But the fact that people are indeed buying magazines in digital form seems pretty relevant to me.
January GQ