Huh?… Groupon REJECTS Google’s $6 Billion Bid??? — That’s Ridiculous

By Sean Fenlon on December 4, 2010


I once thought the event in the link below would go down as the biggest blunder in the Internet economy.

http://blogs.doublepositive.com/2008/05/05/huh-yahoo-rejects-microsoft-bid-thats-ridiculous/

The Yahoo blunder has been bested…

This will CLEARLY go down as the the single biggest blunder in the history of blunders.

Groupon rejected Google’s (increased) offer.

Google pulled the deal.

Groupon wants to go public with their $2 Billion current run-rate in tow.

Readers please remember that this business was FOUNDED in 2008!

The play here is to go long on GOOG and short the Groupon stock right after the IPO.

<sigh>

But let me be crystal clear.

I STILL Love Groupon. :-)

SPF


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