“Hurry, Bank of America, This Offer Expires Soon!” If you owe the bank $100, that’s your problem. If you owe the bank $100 million, that’s the bank’s problem. –John Paul Getty Why can’t a [debt restructuring process] be put in place to help the millions of American homeowners who for whatever personal reasons ” usually no...Read More
PointCast . . . Yahoo! . . . Groupon?? Insiders say a tentative deal was struck in which News Corp. would acquire PointCast for $450 million. But before the papers could be drafted, issues surfaced over PointCast’s revenue projections and the price tag, insiders say. The offer simply went away. –“PointCast, The Rise and Fall...Read More
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...Read More
Online Advertising Blitz If you’ve been reading this blog — or practically anything online lately — you’ve probably encountered ads for something called “Groupon.” Group what?? Honestly, the first time I encountered the word, I thought it had something to with “grouper” (the fish) or “croup” (the very nasty cough). In fact, it’s a combination...Read More
