Groupon CEO carefully turned Google takeover offer

Groupon CEO carefully turned Google takeover offer

December 6, message, according to foreign media reports, published an article called pengboshe Monday, founder of the group purchase website Groupon · Mason, Andrew (Andrew Mason) is a jest. He has employed a performance art performer, wearing Ballet skirt wandering back and forth in the Groupon headquarters; he also invented a called "Grouponicus" holiday, required a person to the holiday dog. But rejected Google's $ 6 billion acquisition offer, Mason was not joking.

Sources, as Groupon's Chief Executive Officer of the company, Mason concerned sold to Google, will reduce morale and loss of business customers. The messages are unwilling to disclose the name, because this transaction across Chicago and San Francisco Bay area, and Google CEO Eric Schmidt · (Eric Schmidt) are also involved.

Let the Groupon remain independent, to give 30-year-old Mason more time to continue to build the world's fastest-growing, one of the company. Groupon's annual revenues have exceeded 5 billion, an increase of speed is far faster than Google, Amazon and other Internet pioneer. Of course, deny Google acquisition offer, means that development strategies have been dozens of company's Groupon, plagiarism will not be Google any financial support, as well as the largest Internet search service providers worldwide distribution channel.

University of Chicago booth School of business (University of Chicago Booth School of Business) Professor IRA · Wales (Ira Weiss) said, "anyone can in an hour to start their own team Web site. Groupon happened to become the industry leader. If I were the Groupon, I'll take the price of sale of the company. ”

On the Mason, these are not sufficient. Mason in the University Music Department, he resigned himself in Chicago a record company. After the founder of the site, he also gave public policy graduate courses.

Zuckerberg's mode

Facebook CEO Mark Zuckerberg · (Mark Zuckerberg) had previously bet their companies to relying on the venture capital support better survival without the need to obtain a larger shareholders. Mason then follow Zuckerberg, rejected from Yahoo takeover offer.

Chicago entrepreneur, founded in 2000, has been the innovative company CoolSavings coupons Matt · mo (Matt Moog) said, "everyone says ' refusal to $ 6 billion acquisition offer, you must be crazy ' in that case, you should carefully consider who made such a decision. Andrew is a very smart guy, he's perspectives have a clear vision. "Mo that shortly after the founder of CoolSavings, the company sold to private investors.

As of now, Mason and company spokesman Julie · Morse Le (Julie Mossler), as well as Google spokesman Aaron · ligation Mosty (Aaron Zamost) on this report did not reset the possibility. If Google with 60 billion price acquisitions, Google will become the Groupon the acquisition of the most expensive companies. Google stock price on Friday in the NASDAQ market regular transactions closing at $ 573, compared with the previous trading day up 1.18 u.s. dollars. This year, Google stock price cumulative 7.6%.

Local business prospects

In rejecting the Yahoo billion takeover offer, according to the United States private equity transactions site SharesPost statistics show that in a short span of less than 5 years, the valuation of Facebook is more than $ 40 billion.

Groupon founded in 2008, currently has more than 35 million registered users, as well as 3 000 employees, of which the vast majority of employees of the sales staff. Groupon currently in more than 300 markets daily group purchase business. Russia investment company, founder of the Groupon investors DST · Yuri mirnyy (Yuri Milner) said, "Mason on local business has its own unique and profound way.How to contact with small enterprises to consumer issues, Mason has a powerful tool. ”

Groupon to gain rapid development, relies heavily on the efforts of non-conventional Mason. Mo said, Mason has its own staff said that if people like your own marketing efforts and sincere recommendation to the consumer, the consumer will purchase.

Interesting CEO

MO that said: "Mason is a very interesting man, he will not let myself get too serious, he put his style has been implanted into the company's brand. "Because the beer tasting Groupon and aromatherapy introduction in often with humorous text, so that consumers are more willing to pay for this.

Unlike many computer programming experience in network innovation enterprises CEO, Mason and not from Harvard, Stanford or MIT, and other prestigious schools. And the Chief Executive Officer, Mason took an unusual way. After graduation, Mason has called a Electrical Audio Studio work.

Sources said that Groupon in November this year began with Google's acquisition of problems to start negotiations. Google's big three--Schmidt, joint founder seji · Brin (Sergey Brin) and Larry · PEC (Larry Page), and is responsible for Google's acquisition of business mergers and acquisitions and business development executives and David · la Wei (David Lawee) were involved in the negotiations.

The time of the IPO

Sources said that Groupon will over the next year to decide when to initial public offering (IPO). For IPO advisory body Class V Group founder Reese · Bayer (Lise Buyer), investors in technology companies in the initial public offering of keen interest began to grow. Bayer said, "to have a viable business model of the company, this is a very healthy IPO market, clearly belongs to the Groupon. "Market research company statistics show that in this year's science and technology listed 55 House Science and technology enterprise, 40 company's stock price has exceeded the IPO issue price.

Although headquartered in Seattle-buying website tippr.com CEO Martin · Tobias (Martin Tobias) that Google should be sold to Groupon. He said, "the enthusiasm of the Groupon hope that the market can continue, but I do see this enthusiasm is rapidly cooled. "The United States's second-largest group purchase website announced last week, the LivingSocial companies have obtained from the Amazon 1.75 million investment.

Groupon's competitors also include is headquartered in New York buywithme.com, etc.

Mason in the beginning of the founder, Groupon got Eric · Leif Ziolkowski (Eric Lefkofsky). Leif Ziolkowski to Mason that provides $ 1 million in funding support.

Nopuorg

The headquarters are located in Chicago's Groupon building have a lot of 20-year-old young man. These young people often like to joke. Could Mason previously and Google signed an agreement to prohibit his talk with others about issues relating to the acquisition. But even in Google and Groupon's talks have been to before, "Mason · Andrew" (Andrew · Mason's inverted write) on behalf of the blog article, which claims to have started a "named" Nopuorg (Groupon letter down pieces) of the Web site to get Google acquisitions Groupon caricatures.

In "Mason · Andrew" blog, the author claims to be seen on the company's buy. Ultimately rejected takeover offer, because "search giant requires too many compromises"; Mason · Andrew deny Sony because he "had never thought about the company sold to a foreign enterprise. "This blog finally concluded that" Nopuorg has not, now is not and never will sell abroad. ”