Groupon would never get a $6bn offer today, and to pretend like that is what I was proposing is absurd. Their market position and future prospects has significa

Groupon would never get a $6bn offer today, and to pretend like that is what I was proposing is absurd. Their market position and future prospects has significantly slipped from what it was. We can only speculate if that would have occurred had Google acquired them or if they would have managed it better. The exact same line of thinking that you are using would allow you to say "Here's a source that puts Myspace above Facebook (Alexa rankings from 2008), and most likely had higher ad revenue at that time. MySpace just sold for $35m so how can you say Facebook is worth even $100m?" Valuations of tech companies is largely based on future projections and the future projections of Groupon has shifted in the past 6 months just as significantly as MySpace did in the last 3 years.