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Rocky Agarwal is far from credible. He made a name for himself by making it his personal goal to bash Groupon as much as possible. Probably because a number of his co-workers at TellMe left to join Groupon and he supposedly wasn't offered a job to join Groupon.

His so called reporting wreaks of jealousy as he watched his former co-worker's equity skyrocket with Groupon's growth while he was left out.

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I'm fascinated by the theory that somebody's reporting on a topic is automatically suspect because they have developed a strong opinion on the topic.

If you've got issues with what he wrote, I'd be interested to see what specifically you feel he got wrong. But regardless, I think he deserves credit for digging into Groupon financials, and for calling out the lack of substance well before most people did. Jealous or not, the collapse of the daily deals space and Groupon's sickly stock price suggest that he was broadly correct at a time when most financial journalists were hyping Groupon and its stock.

ad hominem. http://www.paulgraham.com/disagree.html

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