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Tuesday, November 30, 2010

Groupon's Sales Price: No Bargain?

Google is near a deal to acquire Groupon, the pioneering online discounter, for as much as $6 billion.

--The New York Times (11/30/2010)

There's got to be not a little irony in Groupon being bought out at something like 15x its annual revenues of $350 million.

By contrast, established consumer goods companies can sell for 2x-3x revenues.

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