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I think this a bad move by Groupon. I don't think they have the critical mass yet to win over potential competition from Facebook or Google plus its AdSense net
by zone411 16y ago
I think this a bad move by Groupon. I don't think they have the critical mass yet to win over potential competition from Facebook or Google plus its AdSense network. I see their margins getting smaller. If the numbers that were quoted by the press were correct, it seemed like they had a good offer on the table.
- drgath 16y agoA $5 billion buyout for a company with $2 billion revenues is not a good offer.
- zone411 16y agoI saw this $2 billion number in one report, but nothing close to it in the others. I hope this one report doesn't count gross merchandise sales as revenue. Anyway, EBITDA would be much more relevant and I didn't see anyone claim that it's close to $2 bil.
- foobarbazoo 16y agoSupposedly they are at $0.5B/quarter, so the $2B is an annual rate.