
Lunch Keynote Interview with Andrew Mason, CEO, Groupon
1 year ago
Watch Groupon CEO Andrew Mason interviewed by John R. Dallas, Jr. at SocialDevCamp Chicago 2010.
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Lastly, respectfully I advise everyone to never underestimate Goldman. For a comparatively tiny transaction, in the mid 90s I offered $30 million, in a friendly management buy-out, for a small company that was acquired for a mere $19 million just over one year earlier. Goldman Sachs, now the principal adviser to Groupon, valued my 1995 target at $70 million, which I thought was outrageous, and said so to top-ranked pals at Goldman. I was dead wrong. Rather quickly the company sold for $125 million in cash. This experience was in mind as I interviewed Groupon CEO Andrew Mason two days after Forbes Magazine's cover story announcing Groupon as the fastest-growing company in history. Let's see how far Goldman can take Groupon. For added perspective, you'll enjoy this carefully navigated interview. Thank you. -JRDJr