first_img whatsapp IF GOOGLE pays $6bn for Groupon, it will be a staggering achievement for the start-up’s founders. The firm, which was valued at $1.35bn in Spring of this year, is expected to pull in revenues of $500m this year: that means Google’s offer is worth a staggering twelve times sales. But normal rules don’t apply in the world of fast-growing start-ups; with $500m of sales in its second full-year, Groupon is expanding at a scorching rate. Even the titans of the web industry, like eBay and Google, didn’t have such impressive revenues in such a short space of time. Nor were any of them in the black, as Groupon is. The real question is whether Google can make the acquisition work. YouTube, bought by the web giant for $1.65bn in November 2006, still hasn’t turned a profit. In fact, outside of search, Google has struggled to make money. Its laudable projects in mapping, books and voice recognition might have pleased consumers and geeks alike – but they barely make a dime. Tuesday 30 November 2010 8:18 pm Share More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest whatsapp Tags: NULL KCS-content Show Comments ▼ Google last_img

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