Hugene - 2:43 pm on Dec 17, 2010 (gmt 0)

I also don't believe this version of Groupon's board:

Google-Groupon merger would draw more regulatory scrutiny than any other deal Google has ever done

This is bogus, simply because Groupon is in a new market/niche that Google is not in at all. This is way less anti-competitive (like 100x) then the DoubleClick and AdMob deals. Google's business is (1) web advertising and (2) search engine. Groupon is in the email marketing / promotional marketing business, something G doesn't do at all.

The deal would have been okeyed, Groupon is just trying to build some hype.

But I don't think they ever see this kind of cash again, even compounding their profit for a few years. To get 6G of profit, if I assume their cut is 25% : sales would need to be over 24 G and assuming that their profit can not be more than 50% of sales, then that totals 48 G in sales.

No way they get this, so passing on this was a mistake.

[edited by: Hugene at 3:14 pm (utc) on Dec 17, 2010]