Friday, March 1, 2013

Goodbye Groupon: Andrew Mason's dance with the devil

Groupon co-founders Eric Lefkofsky and Andrew Mason

In the wake of Andrew Mason's firing as CEO of Groupon, there's been a lot of negativity towards the young entrepreneur. In part it's because Mason was always a character, someone who largely refused to take things seriously, and who preferred to defuse tension with humor, as he did in his hilarious resignation letter yesterday. This was charming at first, then increasingly less so as Groupon's financial health, business practices and accounting came into question. But as the smiling face of the fastest-growing company in history, Mason was also a shield, a barrier between the press and Eric Lefkofsky, the co-founder and investor behind Groupon, and a man with a track record of creating hypergrowth companies that have crashed and...


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via The Verge - All Posts http://www.theverge.com/2013/3/1/4043566/andrew-masons-deal-with-the-devil

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