Monday, September 26, 2011

Groupon Officer leaves for Google...

Google Inc. (GOOG). Groupon's COO is leaving to join Google five months after joining the company. Georgiadis will take the job currently held by Dennis Woodside at Google. Google said that Woodside will now oversee the integration of Motorola Mobility Holdings, which Google announced plans to acquire for $12.5 billion in August and which is currently awaiting regulatory approval.

Wait a second...I thought Groupon was getting ready to go IPO.  This makes no sense that a high ranking officer would leave before that payday.

(a personal aside: I think Groupon is garbage!!!)

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