In what will turn out to be either a brilliant move or one helluva missed opportunity, Groupon turned down Google’s rumored $6 billion acquisition offer.
With Groupon’s explosive growth, other local group discount sites have a tough road ahead in claiming a solid second place. Claiming the top spot? Considering Groupon’s massive amount of funding from the same people who’ve invested in Facebook, a significant challenge to say the least. Armed with a new CEO, Buy With Me is ready to take on that challenge.
But the billion dollar question: how do you grow a website in a market where the leader has an 8-month head start, deep pockets and first mover’s advantage?
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