Sunday, December 05, 2010

Groupon - hype or paid news?

As our team is developing GroupDeal, a group buying software that powers most of the groupon like websites, I have been following Groupon for a long time. Quite often, I'm amused by the news and visibility that the Groupon is getting on the media.

The recent buzz that Google May Acquire Groupon for $6 Billion, and It Would Be Worth Every Penny (!!!) and Groupon Turns Down Google’s $6 Billion Offer--and weird comments & noise posted over there--seems to prove my doubts that it's more of a hype or paid news.

If my doubts are true, there's a clear "success mantra" for every internet company!!

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