CHART OF THE DAY: Did Groupon Have A Terrible February?

23 March 2011 04:54 PM CDT

Whoa! I find this particularly interesting considering I just posted a blog basically scoffing at Groupon’s potential IPO valuation of $25 billion. If true, I’m sure this is a trend Groupon is hoping to stop … quickly. I guess this could be part of the motivation for Groupon Now. The company has apparently been working non-stop on their next product, Groupon Now. Groupon Now is a mobile access product that helps find deals based on time and location. Once again, this is a crowded space (i.e. Foursquare, etc.). I’ll be watching Groupon closely as they approach their IPO.