Posts Tagged ‘Andrew Mason’

Andrew Mason posts
You should have sold Groupon when you had the chance, Andrew Mason

You should have sold Groupon when you had the chance, Andrew Mason

It’s easy for bloggers to take shots at people who are much more successful than the blogger ever will be whenever the subject of their wrath makes mistakes that bite them later. This is one of those cases. Andrew Mason should have sold Groupon to Google when they offered $6 billion for the daily deals community. Today, they relieved him of his responsibilities as CEO of the company that he’s been building for nearly five years. He’s taking it as well as one would expect from a clever man who just got ousted from his own company: After four and a half intense and wonderful years as CEO of Groupon, I’ve decided…

Should Groupon founder Andrew Mason keep his job?

Should Groupon founder Andrew Mason keep his job?

We’ve been very critical of Groupon and its founding CEO Andrew Mason. The enigmatic Silicon Valley guy has famously shunned Google’s $6 billion bid for his company and seen his stocks fall to levels that make the shunning itself look downright ludicrous. We were critical when the shares were falling to $15. They’re hovering over $5 today. Still, should he be fired? A year and a quarter since going public, the company is in big trouble. Mason is fighting to keep his job, but just as Larry Page turned to Eric Schmidt to lead his company through the crucial years, should Groupon do the same? Investors…

Call it a comeback: Groupon posts profit, share prices surge

Call it a comeback: Groupon posts profit, share prices surge

Stocks shot up 18% after a report that Groupon had slayed expectations from The Street to post its first quarterly profit. Better decisions on marketing spends and an increase in customers and merchants were the trigger point that marked the first real turn after a disastrous start. The company has been plagued by accounting issues and bad press surrounding their inexperienced CEO Andrew Mason. Now, then “humbled” Mason is making sound decisions, pushing for mobile expansion as well as growth overseas. “Revenue growth was impressive and they also had material margin expansion,” said The…

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