In online businesses and, especially, in coupon/promotion industry a revenue-per-visitor is a common metric. I invite you to crunch some numbers and see how LIVE is doing vs its competitor RetailMeNot. We'll use data Compete PRO data.
In sum, LiveDeal got 1,813 TIMES less unique visitors than RetailMeNot. Now let's take a look from the market capitalization perspective.
LiveDeal's market cap is 30 times smaller, not 1813 but only 30. How is it possible for a business where traffic is your bread and butter? It's not. LiveDeal is 60 times overvalued compared to RetailMeNot. Theoretically, 1.07M is what LIVE's market cap should really be.