Groupon Ex-CEO fired
Andrew Mason the former CEO of Groupon the popular with shopper coupon deal site, but not popular with making money investors was fired.
He tweeted this on the matter:
— Andrew Mason (@andrewmason) February 28, 2013
It linked to his letter that parodies how so many CEO “resignation” letters begin.
It was clearly a last flip of the bird move to the investors, and for those of you keeping score he had an offer from Google for $6 billion, which was turned down and later issued an IPO to go public. It looked genius for short time when the company was valued at around $12 billion, but poor Andrew lost his company.