Value of Groupon drops below Google offer price

Remember Google's USD$6bn offer for group buying site Groupon back in 2010? - which everyone believed (including me) that Groupon was crazy to turn down.

Well Groupon is now worse less than Google offered, thanks to their staff cashing in at the end of the six month 'lockup' period after their IPO listing where they were not allowed to sell off what stock they had in the business.

 Of course this is common post a public listing, but with the company's stock having already been on the slide it's not helping boost confidence in the business - which is in a highly competitive market with no barriers to entry from others, and others is one thing there is plenty of.