"Groupon Clone That Got Sued by Groupon""Groupon lodged an intellectual property action in the Federal Court inVictoria – he case has since progressed through the courts and is duefor a 5-day hearing beginning on August 1. Groupon is also takingScoopon’s founders to court in Illinois, claiming federal trademarkinfringement, unfair competition and deceptive trade practices."
https://techcrunch.com/2011/05/22/groupon-clone-that-got-sued-by-groupon-raises-funding-at-200-million-valuation/
Groupon certainly goes after infringers of their IP (in this case their trademark and branding).
I will assume:
- Groupon wants to remain free and clear of any IP that they do not own or have a license to ("freedom to operate" ->
https://stratfordmanagers.com/blog/?tag=freedome-to-operate).
- Groupon is interested in poynt and want to "test the waters" because they used an ad agency to push their coupons onto the Poynt app.
Some optimistic scenarios:
Scenario 1:
- groupon will go IPO
- groupon will acquire Poynt
Scenario 2:
- poynt establishes increasing revenues
- poynt lists on a U.S. stock exchange
- poynt becomes another Canadian tech. co. to make it big
Scenario 3:
- another big fish (apple, google) acquires Poyn