Groupon actually lost $413 million in 2010. Diving into the S-1, it turned out that Groupon only considered itself profitable because it used a peculiar accounting metric of its own creation — adjusted consolidated segment operating income, or ACSOI. Basically, Groupon was taking the money it was spending on advertising to acquire new subscribers to […]
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Groupon actually lost $413 million in 2010. Diving into the S-1, it turned out that Groupon only considered itself profitable because it used a peculiar accounting metric of its own creation — adjusted consolidated segment operating income, or ACSOI. Basically, Groupon was taking the money it was spending on advertising to acquire new subscribers to […]
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When Kruse IM’d Kim to see if she was done babysitting, no response came. But he didn’t expect one. The instant message was a cover. Kruse knew Kim had never made it to her job. She was right there in his house with him and Cam. Bound. Beaten. Raped. And, by the next morning, stuffed […]
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When Kruse IM’d Kim to see if she was done babysitting, no response came. But he didn’t expect one. The instant message was a cover. Kruse knew Kim had never made it to her job. She was right there in his house with him and Cam. Bound. Beaten. Raped. And, by the next morning, stuffed […]
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More people now recognized the Winklevosses as either themselves or a recently cloned Armie Hammer, and Felipe assumed the proprietary grandeur of a Victorian circus impresario before some engagingly deformed beast. “These are the ones who came up with the idea for the Facebook, but had it stolen from them,” he explained to one and […]
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More people now recognized the Winklevosses as either themselves or a recently cloned Armie Hammer, and Felipe assumed the proprietary grandeur of a Victorian circus impresario before some engagingly deformed beast. “These are the ones who came up with the idea for the Facebook, but had it stolen from them,” he explained to one and […]
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The battlefield honor, which he knew his son would have cherished, did nothing to ease Dave Brostrom’s anguish. Beyond the grief, he felt a heart-crushing mix of anger, guilt, and betrayal. The anger was unfocused but rooted in his earlier suspicions that his son’s platoon had been inadequately supported and directed. The guilt was more […]
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Top 5 #Longreads of the Week: Vanity Fair, The Guardian, Grantland, The New York Times Magazine, New York Magazine, plus a guest pick by The Daily’s arts & life editor, Claire Howorth.
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When I mention to Dollard that his severed-head scene might turn more Americans against the war, or even against the troops, he laughs. “The true savagery in this war is being committed by the American left on the minds of the young men and women serving over there by repeatedly telling them that their cause […]
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Featured Longreader: Tech and finance nerd Jeremy Vandel. See his story picks from Vanity Fair, The New Yorker, The New York Times, Bloomberg News and more on his longreads page.
