No, they're not. Google isn't just buying Groupon; they're buying dominance in assurance contracts -- a Very Big Idea Indeed.
And, the other idealistic parts of Groupon's groups-reaching-threshold-for-collective-action vision mean very little for their overall success, compared to more conventional ideas like great copywriting, being the first mover, having a large incentive-compensated sales staff, having a great name/brand, and so forth.