Maybe it wasn’t Andrew Mason’s antics while CEO of Groupon that got him fired. But he sure gave investors pause.
- He blamed his incoherence one time on “too much beer.”
- He almost gave Michael Bloomberg a pony as a gift, only to find out that the New York mayor’s daughter had been in a riding accident.
- He ran Super Bowl ads that seemed to mock the Chinese occupation of Tibet and the destruction of rainforests.
- He once thought it funny to answer interview questions with a frozen stare. When asked why he’d rejected a $6 billion offer from Google (Groupon is now worth about half that), the joke was on him.
And then the joke was on him. In March, he told employees he was leaving to spend more time with his family, then quipped: “Just kidding. I was fired today. If you’re wondering why … you haven’t been paying attention.”
— Adapted from “Andrew Mason’s Not-So-Greatest Moments at Groupon,” Jeff Bercovici, Forbes.com.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/35269/why-groupon-fired-andrew-mason "