(Business Insider) -- Groupon, the fastest-growing web company on the planet, reportedly turned down a $6 billion buyout offer from Google late last week. Sounds crazy, right? For most two-year-old companies, the idea of getting a $6 billion offer -- never mind turning it down -- is a wild dream. Especially for an idea like Groupon that seems so simple: Daily money-saving coupon offers for local businesses, delivered by e-mail and over the web (A $50 credit to the Gap on sale for $25, for example). So it's understandable that Groupon's decision surprised people. But Groupon was actually smart to turn down Google's offer.
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Groupon says 40 million people subscribe to its daily-coupon e-mails
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"Google would probably have tried to change Groupon," writes Dan Frommer
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Groupon is primarily a sales and writing organization, built on people-power and smiles
It's very funny, but also the kind of thing that the brains at @placeholder probably wouldn't find funny, or support.