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Don't cry for Groupon's ex-CEO - he has a $260 million "nest egg" and $228 million in stock

Andrew Mason isn’t leaving Groupon empty handed... One thing is crystal clear already: Mason has a tidy nest egg — roughly $260 million — to spend on whatever tropical island he may hit to nurse his wounds, or to splurge on the fat camp he referenced in a letter to employees.

 

Groupon Says It Ousted Chief Executive

Groupon CEO Andrew Mason

Struggling online deals pioneer Groupon has ousted its quirky founder and CEO Andrew Mason amid worries that people are tiring of the myriad of online restaurant, spa and Botox deals that Groupon built its business on.

 

Groupon stock caps off a week of lows

Groupon

Another day, another low for Groupon's stock. The online deals company issued a lackluster quarterly report after the market closed on Monday. Since Tuesday, the stock has hit a new low every day. It fell another 25 cents, or 5 percent, to close Friday at $4.75. Earlier in the day, it hit $4.51. That's down more than three-quarters of its initial public offering price of $20 in November.

 

With Hungry Academy, LivingSocial aims to build its own techies

In groups of four, the soon-to-be graduates of LivingSocial’s inaugural Hungry Academy stepped in front of their peers last week to present their capstone projects: a fully functional Web site built to help school teachers raise money for classroom projects.

 

SEC Cuts Off Some Aggressive Accounting At Groupon

SEC Cuts Off Some Aggressive Accounting At Groupon

I wrote here at Forbes in May about the dangerous trend of unaudited numbers being used by companies, media, and investors to evaluate the potential of these IPOs... As long as they get their return before the gig is up, who cares what the real story is?

 

Groupon IPO on hold as SEC questions remain

Groupon is going to wait at least a couple of weeks before launching the final phase of its initial public offering because regulators still have questions for the daily deals website and the stock market is too volatile, a person familiar with the situation said on Tuesday.

 

Analysis: Groupon growth lures rivals, regulators

Groupon Inc's rapid growth has attracted rivals and regulators, a twin threat to the largest online daily deal company as it gets ready for an initial public offering.

 

Why Groupon Is Poised For Collapse

Groupon was forced to restate fourth quarter earnings, sending its stock down 6% in after-hours trading. This surprised me as much as my $2 investment in the Mega Millions jackpot not paying off.

 

The real deal? Groupon files for public offering

The real deal? Groupon files for public offering

Daily deals site Groupon Inc filed for an initial public offering, hoping to capitalize on the biggest investor stampede into Web start-ups since the dotcom bubble burst a decade ago.

 

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