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Hard to believe the company is so young.

Founded only two years ago by Andrew Mason. Built on collective buying technology that he built for a site, The Point, that he started only a year before in 2007.

http://www.groupon.com/about

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And Jason Fried is on the board of directors??

it's a little easier to grow when you have an existing company to piggy back on, since you get a large customer base right away. That's pretty much the #1 reason they became #1 in the space...otherwise they would have been matched by competitors at this point, and Google would be buying living social for a few hundred mil

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