News: Ex-Groupon CEO moving to San Francisco to start new firm

C-Suite

Ex-Groupon CEO moving to San Francisco to start new firm

Former Groupon Inc. Chief Executive Andrew Mason is moving to San Francisco to start a company after recently recording an album of “motivational business music”, according to an update on his blog on Thursday. This was reported by Reuters.

Former Groupon Inc. Chief Executive Andrew Mason is moving to San Francisco to start a company after recently recording an album of “motivational business music”, according to an update on his blog on Thursday. This was reported by Reuters.

“If there's a silver lining to leaving Groupon, it's the opportunity to start something new,” Mason wrote. “I've accumulated a backlog of ideas over the last several years, my favorite of which I'll be turning into a new company this fall.”

“As part of this, my wife and I are moving to San Francisco later this summer,” he said in the blog. Groupon ousted Mason earlier this year after the company suffered several quarters of losses as demand for its daily deals waned and its European operations fell into disarray.

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Topics: C-Suite, #Updates

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