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Is Groupon worth 6 Billion Dollars?

Last updated 7 years ago

Apparantly Google seems to think so.  I've been a cheerleader for this group buying concept for quite some time.  I even turned a Baltimore area green cleaning company from my BNI group onto Groupon and Living Social which turned into over $20,000 of much needed cashflow for his business.  It is a great concept, they have sustained amazing growth and obviously tapped into a need that the marketplace of consumers have embraced since Day One.

But is a 2 year old company with a clever mascot (a cat) and a ever growing opted in email list worth $6,000,000,000?  Google thinks it is and I agree with them.


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