Were Groupon investors taking a gamble that they’d get even richer if they took the company public at a later date? The news that Groupon’s board members had turned down the opportunity to become very, very rich triggered a flurry of speculation.ĭid company founder and chief executive Andrew Mason fear that Groupon’s quirky, laid-back corporate identity would be swallowed up by the much larger firm?
In negotiations, many predicted that Groupon’s board of directors wouldn’t be able to refuse Google’s sky high bid.
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