Andrew Mason's statement about being fired as Groupon CEO

Post by danilocampos » Thu, Feb 28, 2013, 9:57 PM UTC

bigiain wrote: post #14

sethbannon wrote: post #2

I've had little respect for the way Mason ran Groupon, but I have immense respect for the way he's handling his dismissal.

Indeed - that's a really well written letter. (Though cynical-me wonders how much of it is heartfelt and honest, and how much of it is carefully engineered spin - crafted and chosen by a team of psychologists/marketers. About the only admirable thing about Groupon, at least to me, is their magnificent use of language to persuade and influence both buyers and sellers of Groupon deals.)

Post by raylu » Thu, Feb 28, 2013, 9:58 PM UTC

bigiain wrote: post #14

sethbannon wrote: post #2

I've had little respect for the way Mason ran Groupon, but I have immense respect for the way he's handling his dismissal.

Indeed - that's a really well written letter. (Though cynical-me wonders how much of it is heartfelt and honest, and how much of it is carefully engineered spin - crafted and chosen by a team of psychologists/marketers. About the only admirable thing about Groupon, at least to me, is their magnificent use of language to persuade and influence both buyers and sellers of Groupon deals.)

Post by tptacek » Thu, Feb 28, 2013, 10:04 PM UTC

rayiner wrote: post #8

As a fellow Northwestern grad it disappointing to see him go, but as a lover of Chicago its probably for the best. I'd really love to see GroupOn succeed and help anchor a diversified tech presence in the city. We have some great startups, but you need big public companies in the same way a mall needs a Macys, Nordstrom, etc.

Post by larrys » Thu, Feb 28, 2013, 10:08 PM UTC

ovoxo wrote: post #15

larrys wrote: post #10

Earlier quoted context omitted.

"for the way he's handling " Assumes he wrote the statement and wasn't helped by PR people of course. In that case he gets credit for at least listening to those more experienced than he is. Can't tell without seeing his reaction in other situations that are similar of course.

If you've ever seen, read, listened to anything from this guy, you know he doesn't use PR people. Trust me, this is straight from his mouth/mind.

Post by koenigdavidmj » Thu, Feb 28, 2013, 10:08 PM UTC

kurtvarner wrote: post #22

sethbannon wrote: post #4

Full text of his statement: (This is for Groupon employees, but I’m posting it publicly since it will leak anyway) People of Groupon, After four and a half intense and wonderful years as CEO of Groupon, I’ve decided that I’d like to spend more time with my family. Just kidding – I was fired today. If you’re wondering why… you haven’t been paying attention. From controversial metrics in our S1 to our material weakness…

He's being replaced by Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonisis. They will serve as co-CEOs until they find a permanent replacement. Here is Lefkofsky's statment: On behalf of the entire Groupon Board, I want to thank Andrew for his leadership, his creativity and his deep loyalty to Groupon. As a founder, Andrew helped invent the daily deals space, leading Groupon to become one of the fastest…