Viewing profile — andrew

Here's a quick history of the evolution of the Groupon model. Groupon started out as one deal a day. We had a massive waiting list from merchants - 9 months, at one point. With so …

IMO that just seems like an elaboration upon / the reasoning behind "groupon customers are bargain hunters and won't come back", yes?

Hi guys, Andrew here (author of the medium post). Thanks for the feedback. I'm just going to try to summarize the questions/criticisms that have been raised in the comments - it se…

In principle, I love the idea of weighting the distribution of an employee equity pool away from up-front grants and toward follow-on grants. It solves what I think is an even bigg…

The benefit to founders of progressive equity is that at a smaller exit they still get a big return. It's only when the numbers get huge, as they often seem to be doing these days,…

That's a great question. I'll ask my lawyer and report back.

I recommend setting the financial independence threshold high enough that normal people will feel like anything beyond it is useless anyway. So there's no real downside unless you …

> - How is the kicker pool redistributed? Equally or along the lines of people's current distributions of equity? Along the lines of current (fully vested) distribution. So if ther…

If anyone has questions about how this works, let me know!

No, there will be an offline mode for our open launch.

Hi - if you go to www.detour.com you should be able to add your name to the notification (early access) email list.