Groupon finally published an internal email which rankled regulators, and in it CEO Andrew Mason says Groupon Getaways with Expedia “will do $10 million in its first calendar month.”
Mason sent the email to employees Aug. 25, about six weeks after Groupon and Expedia began rolling out their vacation product.
The letter drew the ire of the US Securities and Exchange Commission, largely because would-be IPO players aren’t supposed to communicate financial information to employees if the same information is not made public for the benefit of investors.
Read full story at: http://www.tnooz.com/2011/10/10/news/ammo-from-groupon-internal-email-getaways-with-expedia-and-travel-booming/
