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06 Feb 2011 21:21

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Culture: Groupon wins award for worst ad campaign of the night

  • In case you haven’t seen this hot mess, here you go. Groupon just exploited the Tibetian people to sell its wares, an advertising strategy not seen since, well, ever. While Groupon does have a point, you have to get all the way to this site to find it. The odds that people will reach this site and see the joke: Zilch. Way to go, Groupon. source
Posted by Ernie Smith • 4 Comments • Permalink

20 Jan 2011 22:26

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Tech: Google Offers: There goes the neighborhood, Groupon

  • So, here’s what happens when you turn down an insane multi-billion-dollar offer from Google. They become your direct competitors. Suck on that, Groupon. source
Posted by Ernie Smith • 0 Comments • Permalink

13 Jan 2011 23:12

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Tech: Groupon made right decision in turning down Google

  • $6 billion offered by Google to buy out online coupon titan Groupon
  • $15 billion current estimate of Groupon’s worth if and when it goes public source
Posted by Seth Millstein • 0 Comments • Permalink

30 Dec 2010 12:26

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Biz: Groupon founders cash in big time with latest financing round

  • $950M the size of Groupon’s current funding round, started this week
  • $500M of that funding has already been raised (impressive!)
  • $345M of that total is going to founders and existing shareholders  source
Posted by Ernie Smith • 0 Comments • Permalink

29 Dec 2010 01:14

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Biz: After spurning Google, Groupon plans massive financing round

  • $950
    million     the amount in financing that the IPO-pondering Groupon wants
  • $7.8
    billion     the value of the company based on that financing round source
Posted by Ernie Smith • 0 Comments • Permalink

10 Dec 2010 11:20

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Tech: Groupon CEO Andrew Mason holds mastercourse in dodging questions

  • Groupon’s CEO, Andrew Mason, is officially the coolest interviewee ever. He dodges questions like some would paint impressionist art. He answers questions using stories nobody would ever think of bringing up. Matt Lauer has no idea what to make of him. And it’s great. source
Posted by Ernie Smith • 0 Comments • Permalink

06 Dec 2010 09:50

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Tech: Did Groupon make smart move by not selling to Google?

  • what Groupon, the quickly-growing deals site, reportedly declined a buyout offer from Google for a whopping $6 billion over the weekend. That’s a lot of money to turn down.
  • why The company’s CEO, Andrew Mason was concerned about the strategic direction under Google and what would happen to his loyal staff. So an IPO’s next. source
  • » A mixed record for startups: Some tech companies that have passed on the major buyout offers, like Facebook (which passed on a $1 billion buyout offer from Yahoo! way back in 2006), have only gotten much larger on their own. Other tech giants that missed the buyout opportunity – Yahoo! turned down an epic deal from Microsoft in 2008 and nosedived ever since. Other companies who have taken the buyout have had success stories (YouTube, which is a cornerstone of Google’s offerings) and precipitous declines (MySpace, which is trying to make a comeback; and Bebo, which sold to AOL and then lost nearly all of its value when it was sold again a couple years later). Which is to say, it’s too soon to know whether Groupon screwed up here.
Posted by Ernie Smith • 0 Comments • Permalink
 

04 Dec 2010 00:42

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Tech: Groupon spurns Google, proving they have deep discounts, balls

  • shocking Google offers Groupon $6 billion to offer its daily deals under the Google Banner. It’s Google’s biggest buyout offer ever.
  • shockinger Groupon has reportedly walked away from the offer, ensuring that in a year they will be completely forgotten. Smart move, idiots. source
Posted by Ernie Smith • 0 Comments • Permalink

02 Dec 2010 20:49

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Tech: Smelling a trend, Amazon invests in site kinda like Groupon

  • $6
    billion     the amount Google offered fast-growing deals site Groupon in a buyout offer last week
  • $175
    million     the amount Amazon invested in the similarly growing deals site Living Social earlier today source
Posted by Ernie Smith • 0 Comments • Permalink

20 Nov 2010 20:09

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Tech: Groupon’s best deal so far: They may sell to Google

  • $3 billion potential Groupon sale price being bandied about source
  • » But the real question: Will Google get a discount if it signs up for Groupon and waits for the deal of the day to come up?
Posted by Ernie Smith • 0 Comments • Permalink
 
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