Wait wait wait!!! But but but!! Ponzi scheme! Should have sold to Google!

Yeah.

Groupon just went public with a market cap now 3x what Google was offering them. We’ll see if the good times last — now that they’re public, they’re going to have to show real growth in the numbers — but it’s pretty clear that either way, Groupon did the right thing in not taking that deal. 

Good for them.