I would think Google wants nothing to do with Groupon now. I always felt Groupon was just a passing fad. No way they had a solid business model for continued growth.
-- Andrew Mason could probably use a Groupon for a massage, a beer, or some comfort food right about now.
His company's precipitous stock decline continued on Monday, sending Groupon's market cap below the $6 billion that Google offered as a buyout in late 2010.
source: http://money.cnn.com/2012/06/04/technology/groupon-stock-6-billion/index.htm
shudda cudda
Doh!
Doh!
I completely agree with your assessment of Groupon. I never understood why a half-assed location-aware spam service was generating so much excitement. Google has their own replacement for it now anyway.
Regarding Digg, I was one of the early users, and in those early days it was a really good site. But then one day it turned political, and the libtards came and just trashed it. Literally every other article was political, and the threads were filled with libtard posts. I sent the Digg folks several suggestions regarding adding a filter to allow users that didn’t want to see that stuff to filter out political articles, but to no avail.
So screw Kevin Rose. I’m actually quite happy to see the whole thing crash and burn.
I find it weird that they say 2 million in American Dollars but say that the sale was 500,000 in British Pounds....I guess it make the story sound worse. Such an agenda that is being eaten up....pity. They still lost money but not what people believe. Plus that is still a nice amount of money. I’d take it. lol.
Maybe about 30 years ago or so there was an investor and he’d always say, “If somebody puts a million in my hand they’ve got a deal!” These new guys are so greedy they don’t know when to say yes.
Psst.. Facebook.com. Guess what’s ahead..
LOL shoulda took while the taking wuz good
Was worth $200,000,000.
Has/had something like 2,000,000 users.
So, by the Obama’s reasoning, those users owe Digg $100 each.
Right?