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Posts Tagged ‘Andrew Mason’

Fired Groupon CEO’s Farewell Message: PR Win?

Groupon's Andrew MasonIn case you haven’t heard, long-struggling daily deals leader Groupon finally dumped its controversial CEO Andrew Mason yesterday. But we have to say that his “resignation letter” was the most amusing pseudo-press release we read this week–and the Internet seemed to agree! His letter, in full:

(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.

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Groupon Hires Two Execs, CEO Drinks Beer

Groupon announced today that it has hired Faisal Masud former eBay exec as head of the company’s relatively new and somewhat successful Groupon Goods unit.

Yesterday, the company announced that another eBay exec, Kal Raman, was joining the company “to build out the company’s internal controls and processes, which have come under scrutiny after several recent gaffes.”

This after the company’s CEO Andrew Mason held an employee town hall meeting on Wednesday in which he allowed The Wall Street Journal to sit in via webcast and watch him drink beer. At one point, when his “voice broke,” he apologized for drinking too much, explaining that he usually conducts all company business while doing shots and there’s never a problem. Joking. But no seriously, he was drinking beer. Which prompted AllThingsD to ask Raman the next day if he was being brought in to provide adult supervision.

And I bought a voucher for a $19 mani/pedi today!

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Tools Round Up: Cision, PitchEngine, Klout, Bing, and More

Cision has partnered with PitchEngine, bringing together PitchEngine’s social publishing services with Cision’s PR and marketing software. Cision is also investing in PitchEngine, taking a minority stake in the company. Both Cision and PitchEngine have recently introduced new services. Moreover, Cision’s U.S. lead Peter Granat recently told us that the company has completed a lengthy digital strategy transition. The release and announcement video are available here.

CrowdGather, a network of forums and subject-specific message boards, has acquired Yuku.com, a company that manages these forums and boards. According to CrowdGather, the acquisition will increase the company’s monthly traffic 50 percent to 235 million.

Klout announced this week that 100 million people have Klout scores. Twitter has also hit the 100 million mark, and offers a breakdown of its users. But unlike so many others in the tech arena these days, the company insists it doesn’t want to go public.

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e-G8 Stress Internet Freedom at Meeting with G-8

German Chancellor Angela Merkel, Facebook's Zuckerberg, and Google CEO Eric Schmidt

The big message to come from the Internet business leaders who gathered in France for the e-G8 meeting this week was “Leave the Internet alone.”

Hosted by Publicis chief exec Maurice Lévy and serving as a prelude to the Group of 8 summit currently under way, Facebook’s Mark Zuckerberg, Google’s Eric Schmidt, John Donahoe, chief executive of eBay, and Groupon founder Andrew Mason were among the digital bigwigs in attendance for the e-G8. They also had an audience with G-8 world leaders like British Prime Minister David Cameron and French President Nicolas Sarkozy, who has called for some regulation of the Web.

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The Groupon Ads, Explained

The biggest loser on Super Bowl Sunday was likely Groupon with ads, including the one above, that offended. Likened to last week’s Kenneth Cole tweet debacle and dissed online, the ads made Groupon’s first pass at Super Bowl advertising seem like it would likely be their last.

Groupon chief exec Andrew Mason took to the company blog to explain the ads. (Updates after the jump.)

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Kaplow: “Not Everyone is on Foursquare to Get a Badge”

We met with Kaplow president and CEO Liz Kaplow this morning and talk turned to Foursquare. (Kaplow is the company’s AOR.)

Yesterday, we wrote about Foursquare’s infographic and asked whether it had moved past “early adopters.” Kaplow used a personal anecdote to illustrate how the site can be helpful to a wide range of consumers: she got a good tip on a hair stylist from Foursquare.

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