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Message: Groupon CEO Fired
7
Feb 28, 2013 08:32PM

Hopefully at the SHM they will not defend themselves and admit that they have been in over their heads.....

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.

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Feb 28, 2013 10:41PM
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Feb 28, 2013 10:48PM

Feb 28, 2013 11:29PM
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