On: Groupon’s Bad Deal

[OGinparadise]

The $6B from Google was real

Unless Google would have to agreed to a $6 Billion fee in the event of not being allowed to buy them, it wasn't, there was speculation that it may be blocked by the DOJ. Imagine being in limbo for 18 months or so when you need to grow. They took a chance and lost. Or some of them lost, execs did sell a bunch of stock

[aristus → OGinparadise]

Deals that large usually come with a "breakup fee" on the order of hundreds of millions of dollars, precisely for this reason.

[OGinparadise → aristus]

Yes, but the breakup fee for wasting 18-24 months at their stage might not have been enough.