Sign In

Is Groupon worth 6 Billion Dollars?

Last updated 6 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.

http://mashable.com/2010/11/30/google-groupon-6-billion/

 

  • Loading comments... Spinner



Mashable Award Badge


Links

  • Recent Posts
    • Loading posts... Spinner
  • View All
  • Recent Comments
    • Loading comments... Spinner
  • Related Links
  • Popular Tags
    • Loading tags... Spinner