Why, Despite How Sketchy It May Seem, Group Buying Actually Has A Bright Future

By Dan Frommer

2011-09-01T15:15:00.000Z

Vin Vacanti, cofounder of Yipit, has an incredible view of the group buying industry. His company tracks daily deals from hundreds of active sources, matching subscribers with deals they might be interested in. In this interview, we discuss the last year of crazy growth in the industry, some recent trends, and the future of group buying.

Produced By Kamelia Angelova And Robert Libetti

More from our special report on The Future of Group Buying:

10 Groupon Alternatives You Need To Know
Group Buying Isn't Dying -- It's Just Getting Started
Poll: What Do You Actually Want To Buy From A Group Buying Site?
Video: Surprise! Normal People Still Don't Know About Daily Deals

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Dan is founder of City Notes, a mobile startup, and editor of SplatF, a tech news site. Dan helped create Business Insider in 2007, and was a staff writer and editor through mid-2011. Previously, he was a technology reporter at Forbes, focusing on the wireless and telecom industries. A Chicago native, Dan is a graduate of the Medill School of Journalism at Northwestern University. Follow him on Twitter at @FromeDome.