Groupon’s Revised S-1 Offers Hints At Its Profitable Future | Fast Company

The coverage of Groupon’s revised S-1 filing Wednesday mostly focused on the deep red numbers splashed across the company’s balance sheets. And rightly so. Because as much money as the company is bringing in, it’s still a ways from making a profit.

And yet, sprinkled among the revisions to the document were other interesting tidbits–ones that speak to where the company is going. And, if looked at in the right light, they could hint at a more promising future than some might think.

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Marty Keller’s Goodbye Note | Marty Keller

Here is the text of Marty Keller’s goodbye note and it provides some information about they way forward for the California Small Business Advocate’s Office. We’ll miss you, Marty. – Ed.

Friends,
 
A couple of items to share before I transition to my new adventure:
 
  • The Asian Business Association of Orange County wants you to know of a couple events coming up in August and September:
  • The Filipino American Chamber of Commerce of Orange County is hosting its Annual Green & Health Expo on August 25 at the Crowne Plaza Anaheim Resort in Garden Grove. Details can be found here.
  • The ABAOC is putting on its annual Procurement Opportunities and Export Initiatives event on September 22 at the Disney Paradise Pier Hotel in Anaheim.  Details are available here.
  • The indefatigable Frank Ferral is spearheading, along with the Greater Stockton Chamber of Commerce, a Recycling BIN Summit on August 9 at the University Plaza Waterfront Hotel in Stockton.  More information can be found here.
As for matters of concern with state government, until the Governor appoints a new Small Business Advocate, please contact GOED regarding any matters of concern.  The general number is (877) 345-4633.  Joel Ayala is the Director (joel.ayala@gov.ca.gov), and Dave Freitas is the Chief Deputy Director (dave.freitas@gov.ca.gov). 
 
Daisy Luna is staying on as our intern.  She manages the event calendar, so please forward her information that you want posted to the GOED business calendar: daisy.luna@gov.ca.gov.
 
For matters dealing with procurement, please contact Eric Mandell at the Department of General Services at 916-375-4608: eric.mandell@dgs.ca.gov.
 
As for me, I will kicking back for exactly two days, and then I will be in touch with you all on Monday about the new direction.  Nikki, be patient!
 
Thanks again for the friendships and collaborations over the years, and remember: the best is yet to be!
 
Cheers,
 
Marty Keller

How the Deficit Got This Big | NYTimes.com

Despite what antigovernment conservatives say, non-defense discretionary spending on areas like foreign aid, education and food safety was not a driving factor in creating the deficits. In fact, such spending, accounting for only 15 percent of the budget, has been basically flat as a share of the economy for decades. Cutting it simply will not fill the deficit hole.

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