Google and Groupon

Really interesting to read this morning that Google is starting up Google Offers – after Google and Groupon just couldn’t make things work.

And the terms Google is offering to businesses are very business-friendly (80% payment 3 days after the deal closes)…which makes it even more interesting.

Plus – the folks over at Hacker News bring up a great point – if Google takes even 1 billion dollars of the 6 billion they would have spent on Groupon, they could put around 1 million dollars a day toward offering great deals to customers by covering some of the costs of doing deals like these .

You can see the full pitch by Google here:  Google Offers Document