Nick Nemeth, principal of Wyandanch Consulting LLC and a Groupon shareholder, calls on the Board to revamp the consumer platform, rebrand for the thrifting generation, and accelerate disciplined buybacks. Each incremental turn of customer frequency drops approximately $100M of EBITDA across a 16.2M-customer marketplace at ~90% gross margin.
Nick Nemeth, principal of Wyandanch Consulting LLC and a Groupon shareholder, calls on the Board to revamp the consumer platform, rebrand for the thrifting generation, and accelerate disciplined buybacks. Each incremental turn of customer frequency drops approximately $100M of EBITDA across a 16.2M-customer marketplace at ~90% gross margin.