Remember late last year when Google offered $5.3 billion to buy out Groupon? When the daily deals site rejected the generous offer from the search giant in favor of pursuing an IPO, it unleashed a flood of commentary, from this site and others. Many were skeptical; I wrote a blog post for HBR in the aftermath of the decision questioning the business stability of Groupon’s model. Others contended that the deals site — at one time speculated to be valued at $15-20 billion — had nowhere to go but up.
Groupon’s Business Model Is Leaking
Remember late last year when Google offered $5.3 billion to buy out Groupon? When the daily deals site rejected the generous offer from the search giant in favor of pursuing an IPO, it unleashed a flood of commentary, from this site and others. Many were skeptical; I wrote a blog post for HBR in the […]
October 13, 2011
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Innovation and Creativity Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Innovation and Creativity. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Unlock your team's curiosity and willingness to take smart risks.