What I love about Groupon is that in the world of Google they've proven there is still a huge amount of revenue and profit available online.
They are also showing that revenue still counts for a hell of a lot and that pure growth without profit is not the only strategy and may even be a bad strategy.
I also love that they fly in the face of Google's attitude that software should do everything and the main role of employees is to write software. Groupon is a people company in the sense that people in their business deal directly with their customers (the businesses they market).
Groupon are also targeting a hugely unexplored space which is small to medium local businesses that target local customers. They're doing it with boots on the ground (or at least via a person to person phone call) in each city the launch in. So far "local" has been a cluster of servers in a data center and a group of developers. It feels like Groupon is doing local the way it should be done.
I also love that the Google/Groupon deal didn't work out because I think Google's culture and approach would have killed a wonderful business that we all continue to learn from.
Facebook was probably the first truly bubble 1.0 company to reach that milestone, and will pave the way for many other companies to do the same.
This is an opinion based thread - why are people downvoting people when they disagree with an opinion? Especially in a thread like this one?
Foursquare's ascension into the mainstream has been incredibly fast & impressive, especially given that on the surface there was little differentiation among all the competing LBS check-in services a year ago.
I think 4SQ is a good case study in the importance of the execution over the idea (a commonly harped on subject in these parts).
4SQ's success also helps to validate NYC as having some distinct advantages for certain types of social media plays.
Quora, for developing an amazing realtime UI and a great core of startup industry content and community.
Groupon, for breakout mass market commercial success from basically obscurity.
Ah! I like that expression!
Quora because it provides an extremely high-quality Q&A community.
Groupon simply because of the crazy growth and insane amount of revenue/profit they generated.
So back to the original question, what inspires me is not one particular start up but all the open source contributions that are enabling these start ups including mine. It just wouldn't be possible for someone like me (full-time Windows dev) to bring my ideas to reality if not for the Ruby on Rails framework, jquery and the countless number of plugins.
Not to mention the power they have with mobile apps on all major OS'
For popularizing phone gaming. Having franchise potential in other platforms and even past games.
What has inspired me is the explosion in the sheer number of high quality apps/gadgets/tools/etc. that are actually innovative.
Also, Heroku. But I'm unsure about the future after the acquisition. Hopefully they'll stick around and continue to rock!
It's always been discouraging to to build an entire video game and be mildly popular. Then comes a guy to single handedly accomplish this. Certainly gives me a lot of hope.