Groupon CEO Andrew Mason fired, Google CEO Sergey Brin feels emasculated by phones but not by nerd glasses and Yahoo CEO Marissa Mayer is putting an end to remote work. Plus Oscars & Fashion. Here is our take on the week that was! Read more »
Groupon CEO Andrew Mason will be leaving the company he announced Thursday after a disastrous company earnings call on Wednesday. Read more »
“Groupon is a special kind of company,” CEO Andrew Mason said Wednesday amid reports that he is going to be fired. “I’ve seen Groupon crush the most seasoned professionals. What Groupon needs from the CEO role is consistent leadership.” Read more »
Groupon’s precipitous stock decline since its public offering in November 2011 has turned the local commerce company from a web hero to a piñata. The problem is that of false expectations and lofty valuations from a company that was never really a tech-company. Read more »
In a rare move, Groupon is swapping out directors without waiting for terms to end — switching high-profile Starbucks CEO Howard Schultz out for American Express CFO Daniel Henry. Another swap for Deloitte’s Robert Bass gives the board more finance gravitas. Read more at paidContent »
The lawsuits are coming fast and furious against Groupon after the daily deal site admitted to dodgy accounting tactics in a recent SEC filing. Read more at paidContent »
Startups often rail against copycat companies, arguing that they steal their business and their ideas. But maybe the secret to beating clones isn’t to waste time trying to shut them down — it’s to accept them and focus on being bigger, better and faster. Read more »
Once again, Groupon is in the news for all the wrong reasons. Margo Georgiadis, hired as COO only five months ago, is going back to Google (… Read more at paidContent »
Ever since it emerged from Chicago’s small startup community in 2008, Groupon has had nothing short of a spectacular story in terms of its growth: With estimated annual revenues of more than $4 billion after just three years of existence, the poster child for the “group ... Read more at GigaOM Pro »
Groupon may be in a quiet period as it gears up for its IPO, but it has been the subject of many a story questioning its business. Now, a le… Read more at paidContent »
Groupon’s hotly-awaited initial stock offering will either stand as a beacon of hope to technology and Internet stocks of all kinds, or as a giant warning sign indicating a huge bubble of irrational exuberance. The company’s prospectus contains plenty of evidence for both sides. Read more »
As expected, Groupon announced today that it has completed a gigantic financing of $950-million from a group of high-profile funds, including Andreessen Horowitz and Kleiner Perkins. Now all it has to do is prove that it can carve out a long-term business amid escalating competition. Read more »
