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-   -   SO do you think Google's Groupon acquisition rumors are true? (https://gfy.com/showthread.php?t=999764)

Angry Jew Cat - Banned for Life 11-30-2010 12:35 AM

SO do you think Google's Groupon acquisition rumors are true?
 
$2,500,000,000? Another big buy if it's true.

Agent 488 11-30-2010 12:39 AM

oh i hope so can't wait.

BJ 11-30-2010 01:29 AM

google needs acquisitions like groupon that make money instead of driving around cars and taking pictures.

Angry Jew Cat - Banned for Life 11-30-2010 01:35 AM

Quote:

Originally Posted by BJ (Post 17737150)
google needs acquisitions like groupon that make money instead of driving around cars and taking pictures.

Some are speculating that it's another move in the fight against Facebook. In particular, the new FB 'Deals' feature. I don't think Google's primary concern at the moment is making more money. Obviously that will always be a concern, but it makes sense that they want to get into a new competitive area. Could just be coincidence that this acquisition competes with a Facebook project, but it does seems as though the two are fighting inn a bit of a power struggle right now. 1 in 4 daily American pages requests right now is for Facebook. They've topped the list as the most visited site online. This could easily be more of an intended stab at Facebook, than it is an intended revenue stream, though it will serve as both.

deanberkeley 11-30-2010 01:37 AM

Looks more like 5.5-6b range!! Crazy numbers there!

BJ 11-30-2010 01:42 AM

groupon makes huge money, they only pay on average 30% to the businesses off the already low prices.

deanberkeley 11-30-2010 01:43 AM

Quote:

Originally Posted by BJ (Post 17737165)
groupon makes huge money, they only pay on average 30% to the businesses off the already low prices.

Looks like they are set to take in 500 million this year :upsidedow

chaze 11-30-2010 01:43 AM

I don't know why they are so worried about facebook, soon facebook will have too much crap trying to be a full service like yahoo and will shoot itself in the foot.

Then another service will come along that is better and eventually will be corrupted as well.

BJ 11-30-2010 01:47 AM

I think groupon is the fastest growing startup of all time in terms of making revenue right out the gate.

Agent 488 11-30-2010 01:48 AM

google = geocities.

Angry Jew Cat - Banned for Life 11-30-2010 01:57 AM

Quote:

Originally Posted by Agent 488 (Post 17737177)
google = geocities.

http://lolfed.com/wp-content/uploads/lewis-lol-wut.jpg


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