If you weren’t aware, Groupon turned down an $6 billion buyout offer from Google a few months ago. Some thought it was smart of them to turn down Google’s offer and some thought they should have taken the money because the business model is fairly easy to replicate. Well, don’t look now Groupon but that big giant shadow in your rear view mirror is Facebook, which announced they are testing “Deals” in Atlanta, Austin, Dallas, San Diego, and San Francisco. Facebook could charge less than Groupon to a much large user base so watch and see what happens. Here is a YouTube video with the details from Facebook, http://www.youtube.com/watch?v=kJY6Y2ideB0&feature=player_embedded.
Groupon, have we got a deal for you!
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