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Old 08-31-2011, 07:29 AM  
Bladewire
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Join Date: Aug 2003
Location: Monarch Beach, CA USA
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Quote:
Originally Posted by lazycash View Post
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.
I think Groupon's amended S-1 filing during the IPO is what hurt their business the most. I think they could have opened real strong and would be in a much better place had that not happened. I hope they pull through, I'm rooting for the little guy
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