Quote:
Originally Posted by bossku69
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  |
I don't think Groupon not accepting the offer had anything to do with them thinking the business isn't sustainable. Yes part of Google's offer had performance incentives for managers, but it was a very small part of the offer, the core amount would have indeed paid to Groupon's owners had they accepted. I believe at the time, Groupon's owners felt with an ipo they could grow larger than a 6b valuation, however I bet they'd gladly accept that offer nowadays.
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