Groupon Reject $6 Billion Google Offer ????
- Thread starter myzine.com
- Start date
who was the mega billionaire that said never throw away gar. money for speculative money?
Groupon should have taken heed.
Groupon should have taken heed.
That's the problem. Groupon COULD be worth more then $6 billion dollars in the future, but that's a giant could. As philian so intelligently put it, groupon has a huge overhead and isn't really providing repeat customers to businesses the way google could by integrating it with their massive user base.
I think Groupon may already be so big and growing so fast that it will be difficult for anyone to compete with it, even Google or Facebook. It could take Google a year or more to develop or buy their own coupon service, and by then Groupon could be many times bigger. By then it would be kind of like Google trying to compete with eBay or Facebook. They know they can't, so they don't even try.
Could be wrong though, we will see.
Could be wrong though, we will see.
..and to think this whole time I thought a Dutch Sandwich was farting under the covers and then eating your blanket.
That means Groupon Can't use Google Content Network anymore...lol...They where killing the content network....
I just LOL'd harder than I've ever LOL'd as a result of reading something on Wickedfire.
Maybe it's not about the money for the guy . He wants the fame , the challenge might even find groupon as something he likes doing really some people just love to work.
However guys , Groupon can be sold for much more . Yep as unbelievable as it seems , they said they might list groupon as a stock next year , this will then increase the price of groupon when the owner sells it , it'll be worth more than 6 billion $ if he lists the company if the company is really generating 2 billion $ a yea .
Infact , the owner probably realizes that thier model wont last too long but definitely will last for at least a year and wants to list the company and make more .
However guys , Groupon can be sold for much more . Yep as unbelievable as it seems , they said they might list groupon as a stock next year , this will then increase the price of groupon when the owner sells it , it'll be worth more than 6 billion $ if he lists the company if the company is really generating 2 billion $ a yea .
Infact , the owner probably realizes that thier model wont last too long but definitely will last for at least a year and wants to list the company and make more .
One word.... "Implementation"... What they did... Ideas are dime a dozen. They took a shit idea and implemented it. End of story.. Scalable or not.. 2000+ employees in a 2 year... Alllll into sales... They already won when they convinced those VCs that they can still investbin a largerscale WOOT, then took the VC money to spend in hiring a sales force to market to local advertisers and then sending insane traffic to those offers via goog content and some of us here, making a profit all the while.. They didn't even bother to mind their technology... THAT MY FRIENDS IS BUSINESS.. GROUPON IS THE ONLY STARTUP IN A WHILE THAT IS A BUSINESSSS... No billion dollar idea... Just a billion dollar implementation
Lol not sure if serious.
Having you company bought != always about "money"... how about being able to grow the company in ways they will NOW never be able to do?
Who said you have to sit with that money? You can start investing in other projects immediately.
now what's the guy w/ the list who's also turned down money from all sorts of large companies trying to buy him out for the sole reason that he's not motivated by money?
Craig something?
lol
maybe the $6B had ridiculous revenue/earnings/earn-out targets, OR maybe they have something up their sleeve that allows them to want to gamble.
If I was in that situation and I could cash $50M personally I'd absolutely roll the dice and keep going. Who knows what the founder took off the table during the funding round.
At some point having $50M and then "failing" OR having a shitload more but then watching someone ELSE take my creation and build off it to the point where the price they paid me was mere peanuts would piss me off a lot more than failing.
Craig something?
lol
maybe the $6B had ridiculous revenue/earnings/earn-out targets, OR maybe they have something up their sleeve that allows them to want to gamble.
If I was in that situation and I could cash $50M personally I'd absolutely roll the dice and keep going. Who knows what the founder took off the table during the funding round.
At some point having $50M and then "failing" OR having a shitload more but then watching someone ELSE take my creation and build off it to the point where the price they paid me was mere peanuts would piss me off a lot more than failing.
Exactly what I said , this might be the case , of course the other guy asked me if I'm serious...
It's either that ( high possibility ) Or , he's planning to list groupon and make alot more than 6 billion selling it .
