December 2010
2 posts
Continuations: Google Buying Groupon is a Flawed... →
continuations:
On one hand I can understand Google’s aggressive interest in Groupon. Groupon appears to be one of the few companies that has cracked the code on making money from local businesses. Groupon’s revenues are rumored to be around $50 million per month, which is impressive. But there are at least…
My response to this post is here:
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Google buying Groupon is not a flawed strategy.
Google buying Groupon is not a flawed strategy. This post is pretty much a response to this one by USV Albert Wenger’s “Google Buying Groupon is a Flawed Strategy.” tl;dr — Two problems Albert discusses: Low $/employee, No Barrier to Entry, I present counters to those arguments. However, I also state Albert ignores the tremendous strategic “social,” and...