Groupon’s $6 Billion Gambler

The Wall Street Journal, Saturday, Sunday, December 18-19, 2010


THE WEEKEND INTERVIEW with Andrew Mason, by Bari Weis

Mr. Mason, the CEO of Groupon (group and coupon) is “in the news for reportedly turning down a $6 billion buyout offer from Google–almost double the search giant’s most expensive acquisition to date,” perhaps “the Next Big Thing.”

“The plan starts with personalizing the deals subscribers see,” and still sees the deal of the day…”

“There is also the possibility that Groupon has taken off in the middle of a new tech bubble.  Some analysts argue that social-networking sites are overvalued–Groupon included.”

Is Mr. Mason a gambler? What kind of stakes is he playing for?



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