Hi. I can tell you my experience w/groupon. I live in Argentina, but I've known groupon since march. They launched here like 2 months ago, and as someone has said before, they are trying to crush the competition with MASSIVE advertising. The thing is, that they wanted first mover advantage.
Now, considering that you are trying to enter to compete to a well established business you have 2 alternatives.
1) get funding and launch masively
2) start small and try to bootstrap.
Anyways..the question in the end would be..how fast can groupon copy your features? (if they are that good at all).
Best of lucks!
I think it's a great idea.
congrats.
I would change a little bit the way it works.
You could ask when someone registers if they would preffer to approach or be approached.
You could mix up the probabilities of getting the info according if you are more likely to approach the other person or not (I'm guessing your ultimate objective is to form couples)
Best of lucks!
Martin
Now, considering that you are trying to enter to compete to a well established business you have 2 alternatives. 1) get funding and launch masively 2) start small and try to bootstrap. Anyways..the question in the end would be..how fast can groupon copy your features? (if they are that good at all). Best of lucks!