Saturday, December 04, 2010

GroupOn Did The Right Thing

Image representing Zappos as depicted in Crunc...Image via CrunchBase
Groupon logo.Image via WikipediaSources: Groupon rejects Google's offer; will stay independent
Groupon Annual Revenues Actually $2 Billion

Secretly I was hoping this would not come to be. Google and GroupOn were not a good match. A great high tech company is not automatically a great high touch company. GroupOn does a lot of stuff offline. In that way GroupOn is not like YouTube at all. YouTube is all tech, all online.

This was not going to be a good buy for Google. And this would have severely limited GroupOn. GroupOn is just now getting started. This company could do really well independently.
Image representing KAYAK as depicted in CrunchBaseImage via CrunchBase
Amazon buying Zappos was similarly a bad idea. Zappos was IPO material. The white venture capitalists who forced Tony into Jeff Bezos' arms acted racist.

Friday, December 03, 2010

The Day I Got Called Sean Parker


So I am at this NY Tech MeetUp after party last month, feeling fresh - I had skipped the presentations, and gone straight to the after party; presentations are work! - working the room, outenergying most, saying hello, and next. And I shake this guy's hand after approaching him, and he says he has seen me at Fred Wilson's blog.

"It is so great to meet you in person finally," he says.

Thank You Jesus