Groupon founder 's ouster highlights the struggles of daily-deals services . Once Web darlings , sites like Groupon , LivingSocial have struggled . The company has been losing money for years and is now trying to find a way out by selling its core business -- online coupons -- in an effort to raise capital. Groupon spawned a glut of copycat services . Change could be the key to their future .
Groupon founder 's ouster highlights the struggles of daily-deals services . Once Web darlings , sites like Groupon , LivingSocial have struggled . The company has been losing money for years and is now trying to find a way out by selling its core business -- online coupons -- in an effort to raise capital. Change could be the key to their future .