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(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 to two quarters of missing our own expectations and a stock price that’s hovering around one quarter of our listing price, the events of the last year and a half speak for themselves. As CEO, I am accountable.

You are doing amazing things at Groupon, and you deserve the outside world to give you a second chance. I’m getting in the way of that. A fresh CEO earns you that chance. The board is aligned behind the strategy we’ve shared over the last few months, and I’ve never seen you working together more effectively as a global company - it’s time to give Groupon a relief valve from the public noise.

For those who are concerned about me, please don’t be - I love Groupon, and I’m terribly proud of what we’ve created. I’m OK with having failed at this part of the journey. If Groupon was Battletoads, it would be like I made it all the way to the Terra Tubes without dying on my first ever play through. I am so lucky to have had the opportunity to take the company this far with all of you. I’ll now take some time to decompress (FYI I’m looking for a good fat camp to lose my Groupon 40, if anyone has a suggestion), and then maybe I’ll figure out how to channel this experience into something productive.

If there’s one piece of wisdom that this simple pilgrim would like to impart upon you: have the courage to start with the customer. My biggest regrets are the moments that I let a lack of data override my intuition on what’s best for our customers. This leadership change gives you some breathing room to break bad habits and deliver sustainable customer happiness - don’t waste the opportunity!

I will miss you terribly.

Love,

Andrew

Andrew Mason, x-CEO, Groupon

Respect.

  • 2 months ago
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dpstyles:

sciencecenter:

All of this hurricane talk has put me in the mood to talk about global warming…
(Source)

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dpstyles:

sciencecenter:

All of this hurricane talk has put me in the mood to talk about global warming…

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Source: jimharris.com

  • 6 months ago > sciencecenter
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STOP STEALING DREAMS: Seth Godin at TEDxYouth@BFS

  • 7 months ago
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Minimum Viable Personality with Fake Grimlock

  • 7 months ago
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Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
Warren Buffet
  • 8 months ago
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Just get to lunch,” I muttered to myself.
It was the only way I could control my anxiety. In 1998, I’d made it through Basic Underwater Demolition/SEAL, or BUD/S, by focusing on just making it to the next meal. It didn’t matter if I couldn’t feel my arms as we hoisted logs over our heads or if the cold surf soaked me to the core. It wasn’t going to last forever. There is a saying: “How do you eat an elephant?” The answer is simple: “One bite at a time.” Only my bites were separated by meals: Make it to breakfast, train hard until lunch, and focus until dinner. Repeat.
Owen, Mark; Maurer, Kevin (2012-09-04). No Easy Day: The Firsthand Account of the Mission That Killed Osama Bin Laden (Kindle Locations 217-221). Penguin Group. Kindle Edition. 
  • 8 months ago
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Made it to the HBR.org home page.
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Made it to the HBR.org home page.

  • 8 months ago
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Curiosity’s Seven Minutes of Terror Team members share the challenges of Curiosity’s final minutes to landing on the surface of Mars.

Credit: NASA/JPL-Caltech Curiosity’s mission site

  • 9 months ago
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The Art of Logo Design | Off Book | PBS

  • 9 months ago
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If you admire somebody, you should go ‘head and tell em’
People never get the flowers while they can still smell em’
Kanye West, Big Brother
  • 9 months ago
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Co-Founder @ Spinback
Contributor @ Forbes
Ski Patrol @ Mount Snow
Engineer @ UW-Madison
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