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Yahoo likely has the money/stock, but is GroupOn really worth it? They have the buzz, but J'aime Ohn (winner of Techcrunch Disrupt) had a great point in not su
by jmspring 16y ago
Yahoo likely has the money/stock, but is GroupOn really worth it? They have the buzz, but J'aime Ohn (winner of Techcrunch Disrupt) had a great point in not supporting companies based on "destroying other businesses".
Groupon has the buzz and deals coming in. But their track record for satisfied "business customers" is spotty. As the reputation for spotty deals / lack of returns grows, the less likely Groupon (and related) are to find deals. It is a finite market.
That said, given it is a "finite market", with (in my uneducated view point) little upside, I can wholly see Yahoo entering a big deal. They haven't done much recently that makes sense, so over paying for Groupon would totally support that model.
I'm neither a groupon customer, nor do I play one on TV (nor do I use Yahoo regularly).
- deleted 16y ago[deleted]
- andrewljohnson 16y agoThe only people who think Groupon destroys businesses are people trapped in the Hacker news echo chamber. There is one article on a restaurant saying Groupon didn't work out, and that gets extrapolated to mean there is some fundamental problem with the business. You learn to discount stories like that after a while.