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Tuesday, February 1, 2011

Lessons learned from turning down a big deal

LivingSocial claims to be on a growth path that will overtake the size of Groupon before 2011 is over. With a cash infusion from Amazon and an internet-wide record breaking sales event in their recent past, it might actually happen. So, will Groupon's leadership look back at the deal Google offered and wonder what might have been?

Read the story here: LivingSocial: We're set to overtake Groupon  - From CNET News. The start-up, now valued at $1 billion, says it will soon overtake Groupon in the U.S. market for online daily deals. CEO Tim O'Shaughnessy tells how it got there.

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