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Are those examples at the end his? He totally dismisses Groupon's rejection of Google's offer, when there were almost certainly some sort of earn-out. I'm sure
by andrewljohnson 15y ago
Are those examples at the end his?
He totally dismisses Groupon's rejection of Google's offer, when there were almost certainly some sort of earn-out. I'm sure if Google were offering $8B in cash with no performance requirements, they would have taken the money. But that's not how deals work, and Groupon could very well have decided an IPO would lead to a much surer return.
I would expect a less shallow analysis from a finance guy.
- p4r4d0x 15y ago>He totally dismisses Groupon's rejection of Google's offer He doesn't totally dismiss it - his reaction was provocative but much more measured than "totally dismissed". For reference: "Will the public market tip the deal in Groupon's favor, or will Mason--like many of his would-be customers--wish he had bitten on that offer?"