Of course we don't have all the variables here, but this doesn't seem like a very good move from an outside observer. If groupon is making hand over fist in cash, and has a healthy cash flow, part of me is wondering why they couldn't use that to steadily finance overseas expansion?

I understand VC's desire to get in on the ground floor of GroupOn's meteoritic growth, but giving them a billion dollars of cash right now doesn't seem like right play here.

Get big fast might of worked for a select few dot coms, but it certainly didn't work as a general rule.