4 ms·
but $6B wasn't a lot for coupons?
by there 16y ago
but $6B wasn't a lot for coupons?
- sfphotoarts 16y agoIt wasn't coupons, but a coupon business model.
- cloudwalking 16y agoIt wasn't coupons, it was a sales team. Groupon has customer-facing sales down to a science, especially when compared to Google.
- cpeterso 16y agoPerhaps Google used that $6B to buy 600M $20 Amazon gift cards from Living Social? Just to spite Groupon. 100% profit! :)
- deleted 16y ago[deleted]
- andrewljohnson 16y agoGroupon has 2000 employees, most of whom are sales reps. That's what Google was bidding on.
- tghw 16y ago$3,000,000 per employee, most of whom are sales reps? They can get 2,000 employees for much cheaper than that. They were going after the user base and ridiculous profits.