Presumably because, like many a previous startup, revenue growth is fantastic. I agree with the HN consensus though-they have no real way of differentiating the

Presumably because, like many a previous startup, revenue growth is fantastic. I agree with the HN consensus though-they have no real way of differentiating themselves from LivingSocial et all, so they will continue to have to pump lots of money into marketing ($208m in Q1!!), sales teams, etc and watch their margins go down over time.