Least surprising tech news ever. Groupon sues Google.
Let us go back in time, and re-print my post from exactly one month ago:
Dear Groupon, Google has more money than you do.
Lots more.
And they will copy everything you do.
And offer it for less.
And give away more.
Cause they're open.
Oh, and evil.
Oh, and they will poach your staff:
"In a blog it just posted, Groupon said its recently hired COO, Margo Georgiadis, “has decided to return to Google (her former employer) in a new role as President, Americas.”
Wonder how open she'll be with what she learned? Say, ever see the end of Braveheart? Yeah, Google's the nasty foul old guy who gets you disemboweled. Internet monopolies are evil.
Posted using BlogPress from my iPad
Today, from Bloomberg
Groupon Inc. sued two former sales managers who it claims took confidential trade secrets with them when they quit the Internet coupon company to join a competing venture run by Google Inc. (GOOG)
Michael Nolan, who worked for Groupon for two years, and Brian Hanna, who joined the Chicago-based company in January, each left last month to join Google Offers, according to a civil complaint filed today in an Illinois court. Google, based in Mountain View, California, isn’t named in the suit.
“In their new positions with Google Offers and/or Google, Hanna and Nolan will provide the same or similar services as they provided at Groupon,” requiring them “to employ confidential and proprietary information that they learned while employed at Groupon,” according to the complaint.
Monopoly profits from one market channeled to destroy innovation in another market. And the small minds talk about "open".