Is he crazy, or is he holding out for more money? A few days after Groupon’s biggest competitor, LivingSocial, got $175 million in funding from Amazon, the word is out. Groupon founder and CEO Andrew Mason is rejecting Google’s $6 billion dollar buyout offer. Instead, Mason and company are rejecting Google’s huge offer and are doing the independent thing, much like Facebook has done, by seeking out venture capitalists who are looking to invest in one of the most profitable properties on the web.
I’ll be honest, until a few months ago I didn’t even know what Groupon was. I mean, I’d seen it around, but I’d never checked it out. That all changed when I saw one of my favorite local burger joints was offering a half-off Groupon deal. I snapped that up, and I haven’t really looked back since. I check Groupon pretty much every day now, and occasionally check the previous Groupon deals to make sure I didn’t miss something if it’s been awhile since I checked out the site.
I’ve also joined up with LivingSocial, just in case. You can call me a lot of things, but I’m not crazy. I’ll take the money when I see it.
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