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lucasjake | 14 years ago
If you're company realizes a certain scale on the internet (i.e. a billion dollar valuation) there is a good chance the deal is going to get looked at by all the big consumer tech firms.
Groupon walked in to the negotiations with a publicly speculated valuation of 1B, and after the deal fell through they were being talked about somewhere greater than 5B, and got an extra investment from DST. Seems like negotiating with Google worked out well for them in that respect.
Notice how Andrew Mason never answers the question publicly about why they 'walked away' from Google.
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