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Old 08-30-2011, 09:10 PM  
96ukssob
So Fucking Banananananas
 
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Join Date: Mar 2003
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Quote:
Originally Posted by marcop View Post
And if the investors and executives at Groupon hadn't been so greedy and full of hubris, they would've accepted Google's offer of $6 billion for their business: http://www.businessweek.com/technolo...124_281295.htm
thats because the owners of Groupon knew they this business wasn't sustainable for the 5 year plan in the agreement.

most large purchases like that dont go "ill give you $6b and you give me the keys and we walk away." rather, in order to get paid revenue numbers must be met and they probably knew it wouldn't continue to grow in that path
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