http://www.businessinsider.com/yahoo-hints-at-3-billion-offer-for-groupon-2010-11
I have a comrade who is in the coupon and discount space...there is *big* money in this niche.
Would be one of yahoo's best buys
Quote from: PaulH on November 11, 2010, 06:38:10 PM
Would be one of yahoo's best buys
It would be one that might actually make money. Groupon takes a pretty big chunk from the merchants. Looking at some of the recent Groupons for some cities I would guess they average 800-1000 sales a day per market. If they make $10-20 average per sale? Could be a big cash cow assuming they know how to keep their overhead down.
But I still don't see 3-4 billion there yet. It would still be a speculative purchase based on future growth which has burned Yahoo on a lot of their acquisitions.
And with Facebook coming up with a Groupon killer, I would chalk this one up to another of Yahoo's less than spectacular buys
Aaron just launched a nice infographic displaying Yahoo brilliance over the years:
http://www.scores.org/graphics/yahoo/
Quote from: JamesR on November 11, 2010, 09:05:55 PM
And with Facebook coming up with a Groupon killer, I would chalk this one up to another of Yahoo's less than spectacular buys
I think that's a real possibility. But it sort of reminds me of Netflix vs. Block Buster, I thought that once BB got into mail in DVDs that it would kill Netflix, but instead Netflix killed BB. So, who knows?
They aren't buying the revenues, they are buying the user relationship data. Who refers who, and for what products, in what locations. It's cleaner data than FBs (by a country mile), and already commercialised. Whats not to love?
As a side issue, I see people talking about FBs 500m users. No. FB has like, 100m users, and 400m bots and fake profiles (ok, maybe that's a slight exaggeration, but you get my point). I know for certain that the hot, blond, bisexual chick I'm "friends" with, is actually a fat bloke ;D. Most of "her" friends have no clue
Given TT's last comment, I think now is a good time for me to make it clear that I don't do Facebook.