Henry Blodget

Welcome to the 27th episode of “The Mediatwits,” the weekly audio podcast from MediaShift. The co-hosts are MediaShift’s Mark Glaser and entrepreneur Rafat Ali. This week we look deeper at the Groupon IPO, which briefly valued the daily deals startup at nearly $20 billion. Our special guests are Business Insider CEO Henry Blodget, as well as Yipit Data analyst Unaiz Kabani, both of whom have done a lot of thinking (and writing) about Groupon lately. In fact, Business Insider’s Nicholas Carlson penned a 9,000 word epic insider story on Groupon that was turned into an e-book.

Plus, we look at the recent announcement of a Nook Tablet from Barnes & Noble, an android tablet that will take on the Kindle Fire head-to-head, and provide more competition for the leading tablet, the Apple iPad. The Nook Tablet costs a bit more than Fire but is more open, letting people use more services outside the Amazon ecosystem. Will it be enough to drive sales in the Christmas shopping season, or will the Fire and iPad continue to dominate?

Check it out!


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Intro and outro music by 3 Feet Up; mid-podcast music by Autumn Eyes via Mevio’s Music Alley.

Here are some highlighted topics from the show:


1:30: Rafat not a big fan of daily deals

2:45: Novelty wearing off for all the daily deals

4:30: Rundown of topics for show

Groupon IPO and tech startups

i-7af5d3730a5b6aa93a429102a8a7eee0-unaiz kabani.jpg
Unaiz Kabani

5:20: Details on Groupon IPO

6:20: Special guests Henry Blodget and Unaiz Kabani

8:30: Blodget congratulates company but wouldn’t buy stock at its high price

10:40: Kabani: Google, Amazon jumping into daily deals

15:10: Rafat on growing amount of travel deals

17:20: Nicholas Carlson’s insider account of Groupon’s rise

19:41: Blodget: dot-com bubble in ’90s was orders of magnitude bigger than now

22:00: Blodget: problem with Zynga is it hasn’t grown recently

Nook Tablet takes on Kindle Fire

22:40: Differences between Nook and Kindle

24:20: Competition is good for tablet devices

26:10: Consumers don’t care about open vs. closed

More Reading

INSIDE GROUPON: The Truth About The World’s Most Controversial Company at Business Insider

Groupon travels ‘tortured’ road to Nasdaq at Reuters

The dreary details of Groupon’s future at Reuters’ MediaFile

Enjoy The Ride, Groupon Investors, I’m Outta Here!! at Business Insider

Congratulations, Groupon at Business Insider

HERE’S WHAT GROUPON IS NOT TELLING INVESTORS: Its Core Business Is Shrinking… at Business Insider

After Groupon, IPO Pipeline Is Thin at WSJ

Nook Tablet: ‘Hands Off’ First Impressions at Wired

Barnes & Noble unveils Nook Tablet at $249 as Kindle Fire rival at LA Times

Kindle Fire, Nook Tablet Battle for App Supremacy at PC World

Weekly Poll

Don’t forget to vote in our weekly poll, this time about what you think about daily deals:

Mark Glaser is executive editor of MediaShift and Idea Lab. He also writes the bi-weekly OPA Intelligence Report email newsletter for the Online Publishers Association. He lives in San Francisco with his son Julian. You can follow him on Twitter @mediatwit. and Circle him on Google+