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Groupon Valuation Sinking to $12 Billion
- lien 15y agoBack when Google was bidding on Groupon, a friend of mine is a finance exec at Google and he said even at $6B, Google thought Groupon was overpriced.
- lien 15y agoalso, when you have a business model that's not based on any real technology or a strong user base, it's hard to compete long term. Groupon could win in the short term only.