It turns out that Groupon founder and former CEO Andrew Mason has been doing more than just sitting around eating ice cream by himself and recording motivational business albums. He’s also been creating a new company called Detour. First of…
Former Groupon CEO Eats Ice Cream Alone In San Francisco
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…
Andrew Mason’s New Motivational Business Album Is Now Available
As promised, now available for your streaming pleasure (on iTunes, Spotify, and a few other services) is Hardly Workin’, ex-Groupon CEO Andrew Mason’s album of what he calls “motivational business music.” It’s a seven-track album that runs just a little…
This Guy Put Out An Andrew Mason Album Before Andrew Mason
As you may have heard, former Groupon CEO Andrew Mason is putting out a seven-track album of “motivational business music” called Hardly Workin’. It’s set to drop on July 2nd, and the album cover and track listing were just released.…
Ex-Groupon CEO Andrew Mason’s Motivational Business Album Drops July 2nd
We’re happy to tell you that ex-Groupon CEO Andrew Mason has announced an official release date for this 7-track album of motivational business music. Hardly Workin’ officially drops on July 2nd, “just in time for American audiences to incorporate into…
Andrew Mason’s Motivational Album Is Coming by the End of June
Important musical-ambitions-from-ex-tech-CEOs update: Former Groupon CEO Andrew Mason’s new album will drop by the end of this month, Mason tells the Wall Street Journal. He declined to get into any specifics, saying that he “thinks it should just speak for…
Ex-Groupon CEO Andrew Mason Made an Album of ‘Motivational Business Music’ That’s Dropping in a Few Weeks
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 [REPORT]
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…
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 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
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 Looking For An Eric Schmidt To Andrew Mason’s Larry Page
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 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 in 2011
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 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
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
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
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.