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… Continue reading You should have sold Groupon when you had the chance, Andrew Mason
Tag: Andrew Mason
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… Continue reading Should Groupon founder Andrew Mason keep his job?
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… Continue reading Call it a comeback: Groupon posts profit, share prices surge