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The way money is made on the internet is about to change. Which means the internet is about to change. Yes, all of it. Ignore any line containing the phrase "$
by HelotRevolt 16y ago
The way money is made on the internet is about to change. Which means the internet is about to change. Yes, all of it.
Ignore any line containing the phrase "$2.5 billion." The dollar figure is a formality. This isn't an acquisition. It's a teaming-up, a joining of forces. Google is D-Wade and Groupon is LeBron. Kobe? Amazon.
Amazon is the best at what it does, i.e. selling the way it sells. Trying to sell the way they sell, nobody ever stood a chance against them. Amazon is Wal-Mart in a world where Mom & Pop stores lack small town charm and are hidden on remote desert islands. You want to make money, you'd better build yourself a lighthouse with a helluva giftshop. Groupon, though, doesn't sell the way Amazon sells. They're totally different. And now they've got Google behind them, and everything that means. Watch out.
Everything Google's ever done, every service they've ever offered, was made (hugely) profitable through advertising, direct or indirect, of one form or another. Google makes money helping others make money. They sell to the salesman. With Groupon, they'll become the salesman. Everything is about to change.
- ghshephard 16y agoIs it just me, or does this read like Steve Gillmor?
- deleted 16y ago[deleted]
- hugh3 16y agoI don't know who that is. I don't know who D-Wade is either. Though I think LeBron might be a basketball player.
- zackattack 16y agoUm, you're neglecting that the Heat have a 9-8 record that includes some very embarrassing losses.