Groupon-effect. In 2010, Google offered to buy them for $6B. One year ago today, GRPN hit its lower point in history: its marketcap was less than a third of wh

Groupon-effect. In 2010, Google offered to buy them for $6B. One year ago today, GRPN hit its lower point in history: its marketcap was less than a third of what Google offered originally. Andrew Mason was fired after soon after, after missing estimates, again. The stock recovered considerably since then ($6.9B market cap today), but it's a reminder for young entrepreneurs that the market is ruthless with one-trick ponies. Unless you have something on the table from Facebook, I fail to see what's their long term strategy.