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Former Groupon CEO Eats Ice Cream Alone In San Francisco

Former Groupon CEO Eats Ice Cream Alone In San Francisco

By Chris Crum June 13, 2014

Groupon founder and former CEO Andrew Mason (arguably one of the most entertaining CEOs of our time) gave us an update about what he’s been up to on Twitter. As you may know, after departing the company, he put out …

Ex-Groupon CEO Andrew Mason Made an Album Ex-Groupon CEO Andrew Mason Made an Album

Since his departure from the daily deals company, former Groupon CEO Andrew Mason says he’s been traveling, reading, and losing some weight. Oh, and also recording a 7-track album of “motivational business music.” It’s called Hardly Workin’, and he says …

Groupon's Next CEO Will Not Come From Within Groupon's Next CEO Will Not Come From Within

Last week, after a poor Q4 earnings report, Groupon finally ousted CEO Andrew Mason after months of speculation. Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonsis were tapped to head the “Office of the Chief Executive” and serve in …

Andrew Mason Gets The Taiwanese Animation Treatment Andrew Mason Gets The Taiwanese Animation Treatment

If you’ve been on the Internet since yesterday afternoon, you’ve probably heard that Groupon CEO Andrew Mason has been fired. You can read his letter here. The move wasn’t much of a surprise, as many simply wondered for quite some …

Groupon Stock Rises On Andrew Mason Departure Groupon Stock Rises On Andrew Mason Departure

As you may know, Groupon fired its CEO on Thursday, a day after another disappointing earnings release, which sent stock tumbling. Since the news broke, the stock has taken a turn for the better. In after hours trading on Thursday, …

Groupon CEO Andrew Mason Is Being Replaced Groupon CEO Andrew Mason Is Being Replaced

Groupon just announced that CEO Andrew Mason will no longer remain CEO of the company, which he founded. The company reported massively disappointing financial results on Wednesday, and the board has finally had enough. Groupon Executive Chairman Eric Lefkofsky and …

Groupon Will Reportedly Keep Andrew Mason As CEO Groupon Will Reportedly Keep Andrew Mason As CEO
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Earlier this week, reports were coming out that Groupon CEO Andrew Mason was on a very short leash, with Board members discussing replacing him. Kara Swisher at All Things D talked about a source indicating that Groupon needs “an Eric …

Report: Groupon Possibly Looking For New CEO Report: Groupon Possibly Looking For New CEO
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Groupon stock has been on a rebound of late, thanks to an investment in the company by Tiger Global – the firm purchased a 9.9% stake in the company – but leadership at Groupon is currently in question, and there …

Groupon Finally Earns a Profit, Stock Shoots Up 18% Groupon Finally Earns a Profit, Stock Shoots Up 18%

Groupon has shocked Wall Street with their first ever profitable quarter. Their first quarter 2012 financial report is in and things are looking really good. Revenue has increased almost 90% and they brought in $559.3 million as compared to only …

Groupon Addresses Stockholders: 170 Million Sold Groupon Addresses Stockholders: 170 Million Sold

Groupon CEO, Andrew D. Mason sent out a letter to the stockholders today addressing what the company accomplished in 2011 and what they have planned for 2012 and beyond. To put it lightly, they plan on taking over commerce in …

Groupon CEO Andrew Mason on 60 Minutes Groupon CEO Andrew Mason on 60 Minutes

Groupon CEO Andrew Mason appeared on 60 Minutes last night, giving the audience of “America’s most watched network” their first chance to see an extensive interview with the man, since last year’s IPO. Despite the big IPO, 2011 was something …

What Groupon Won’t Talk About
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Groupon Founder and CEO Andrew Mason wrote a post on the company’s official blog about the things Groupon will not be transparent about. 

"As press interest in Groupon has grown, I’ve found myself increasingly uttering two words that have always annoyed me: ‘no comment,’" says Mason. "We like to be as transparent with our customers as possible, but, just as people don’t walk around naked, there are some things that we as a company don’t talk about (for obvious reasons)."

Groupon’s CEO Pegs 2010 Revenue At $760 Million
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When Groupon was said to have turned down a $6 billion acquisition offer from Google, many onlookers wondered what could possibly have motivated that decision.  Now we know: the ability to earn $760 million in revenue in 2010, along with the goal of bringing in over a billion this year.

Groupon Apologizes for Deal Gone Bad in Tokyo
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Groupon CEO Andrew Mason apologized to users in Tokyo for a deal that went bad a few days before the New Year’s holiday. The deal involved the delivery of food, and became too popular for the business providing the deal to handle.

They sold 500 "Groupons", and the business was unable to process the orders, leading to late deliveries, and deliveries of product in "terrible condition", as Mason describes it. 

Groupon Continues to Grow at Funding, Valuation, and Geographical Levels

Groupon has reportedly closed a new round of funding at $950 million. According to Michael Arrington at TechCrunch, who cites "a source with knowledge of the financing," Groupon is now valued at $4.57 billion.  Update: Arrington is now saying they have only closed half of that funding. 

Groupon: We’re the Savior for Small Businesses
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Legend has it that Groupon turned down a $6 billion offer from Google, which if accepted would have been Google’s biggest acquisition to date. Time will tell if this was a smart move or not, but Andrew Mason, Groupon’s CEO seems fairly confident in the company’s future.