GGF: An Acronym of Angst
December 4, 2010
Mr. Goose is back in the US of A. I got more hugs from TSA than I did from the legions of people at my various talks in Paris and London. What did I spy when I opened my RSS reader after a fun filled nine hour flight from CDG?
Groupon is playing hard to get. You can read the cornucopia of posts yourself. I found this one amusing: “It All Changes When the Founder Drives a Porsche.” Here’s a sample:
With Groupon, with the money problem solved, they can “go for it.” Basically, the motivation for a big exit is no longer motivated by “how much money can I get,” it is motived by “what is my legacy.” That simple shift makes their rejection of Google’s $6B offer not that surprising.
Yep, solved. For now.
My take on the deal was GGF. The first G is Groupon, of course. The hammer dial, people centric coupon outfit. The second G is Google. The company is running into some rapids, and it needs a home run. Heck, if the Math Club can’t come up with something that works, just throw billions at the problem. The method used to work really well for Microsoft.
The F is Facebook. Contemplate friends and members couponing their teenaged hearts out. So GGF may be a triad to watch.
Stephen E Arnold, December 4, 2010
Freebie just like Facebook
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