Remember when you used to sift through the Sunday paper to cut out coupons for the following week? This seemingly nostalgic, almost “Norman Rockwell-esque” scene has virtually disappeared with the multitude of “coupon” web sites that have come into being during the past few years. The notion of serving up daily deals has become today’s hot startup concept with Groupon’s recent filing to go public, and a flood of couponing companies saturating the market.
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More than fifty years ago, forward-thinking high-tech employees at Fairchild Semiconductor knew there was a better way to bank.