#googledeal

[techinewswp]

$6M Wiz Investment Yields 200x Return for Early Backer – How?

Wiz's early-stage investors stand to gain greatly from the $32 billion all-cash purchase of the cybersecurity company by Alphabet, the paren

[vikasgoel]

Google Offers Versus Groupon: The Portland Throwdown

Google Offers Versus Groupon: The Portland Throwdown

It’s still the early days of the daily deal business and Google has put out a very credible beta in Portland. Thirty days in, I stand by my claim that there’s not much that is original here.

I believe that they’re striking a better balance between merchant and consumer value than Groupon. The additional restrictions mean that merchants aren’t just selling cash at a substantial discount. Another key differentiator for merchants is more generous payment terms. Google pays out 80% of the merchant’s share in about 4 days and the remainder (subject to chargebacks) in about 90 days. Groupon pays out 1/3 in 5 days, 1/3 in 30 days and 1/3 in 90 days.