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:

For Groupon Employees: jottit.com/v5wux/ (Apparently, sharing oranges is necessary but insufficient #leadership)

— Andrew Mason (@andrewmason) February 28, 2013

It linked to his letter that parodies how so many CEO “resignation” letters begin.

“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.”

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.