From Groupon's refusal to buy

Source: Internet
Author: User
Keywords Groupon two times entrepreneurship what equity

News has it that Groupon, the group-buying star, rejected Google's offer, rejecting 6 billion of dollars and looking pretty spineless. Today, however, Groupon is no longer a personal site, and the discussion of shareholders ' meetings shows nothing to do with things like that. In the final analysis, this premature capital cooperation, quite can ponder some what.

Over the past two years, Google seems to have come to its peak, with a lot of backbone or a separate portal, or a new home, so that Google will have to bring in millions of dollars to retain talent. The close of the last, it announced to its employees a salary increase is said to be 10%. The enterprise, to some extent, has begun to use money to keep people, not ideals, values or corporate culture.

A digital company, in the final analysis, has no special assets, especially for the future. servers, programs, or maybe they can maintain a revenue model, but for the creation of new growth, at least artificial intelligence has not been so developed. Google's greatest value may be that it has the charm to attract a variety of talent, and once the charm fades, the company's glory will be a big discount.

Groupon's shareholders, including its founders, need to make the judgment that their interests are impaired when they agree to a 6 billion-dollar takeover. This 6 billion dollars, it could be pure cash, or it could be equity + cash (which is probably not big enough), so the question becomes: if it is pure cash, Groupon is worth only 6 billion dollars, and if there is a stake, will Google's stake be more profitable than Groupon's?

If the news is true, it means Groupon's shareholders think Groupon is more than 6 billion dollars, or that Google's stake is no more valuable than Groupon's. When it comes to choosing Groupon or Google's future, the investing spermatogonial vote for Groupon. There is no need to judge the value of such values as "a chicken without a cow", which is an interest.

Http://www.aliyun.com/zixun/aggregation/32449.html "> is circulating a map of Google's efforts on social networking, but the real success stories are rare. Bloggers, Feedburner, Orkut, Jaiku, Youtube, Buzz and even the publicly announced failure of Wave,google in this field can be described as repeated defeats and bravery, but every failure is not a blow to the confidence of others. Google is extremely good at handling information and advertising based on information, but it seems to lack a sense of "relationship".

Google's efforts in social networking can actually be described as "two startups." The essence of a second venture is not a new project--if it is understood, it would be easier to start a business. The root of the second venture is to completely deny yourself, discard the past successful experience, the real meaning of everything from the beginning. Many entrepreneurs fail two times to succeed because they have lessons, not experiences, and it's not hard to deny themselves. But it's too hard to be successful in a business empire, and it's a need to completely deny your two-time business.

The reason I have been very concerned about Sina Weibo is that it is actually a "two startups" and if it needs to be successful, then it will deny Sina a lot of the past experience, because Sina used to process information, today it needs to deal with the network. However, Sina does not have a founder from the beginning until now is still promises, to some extent, can be said to be two times the great fortune of entrepreneurship. And the other Chinese digital giants, that is, Alibaba's Ma Yunguang speech does not do the real thing, can have two times the conditions of entrepreneurship. Yesterday, I was chatting with an industry personage, mentioned that if Zhang is really want to do Sohu Weibo, in person to play that is called a diametrically opposed.

Google has revealed a state of weakness, and in the face of Groupon's merger, others (Groupon's shareholders) seem to be not bullish. Although Google's takeover offer was not the first to fail, this time it was not the same. In its Shengar, it reflects its determined mentality. Groupon's temptation, not the number of users, not what public praise, not what technology, but a very pure consumer platform, and this platform, for Google, it is a big piece of the need to supplement the place.

The reason for the new generation of Jiangshan is that it is hard to deny your success.

Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.