Andrew Mason just needed an opportunity. He was a young guy with lots of great ideas but he needed money in order to turn some of those ideas into reality. His boss saw his initiative and the fact that he had some great ideas and give him $1 million dollars for one of his ideas that he thought could make it big. Andrew Mason bought a web platform called The Point and began to make it his own. His idea which he called Groupon, was a way to bring the best deals that restaurants and stores were offering into one place where people could see them and then use the coupons to save money. Groupon’s revenue comes mainly from the businesses that they refer. This is a terrific idea that simplified what is for many people, a very complicated process. Within a short amount of time he was offered $6 billion dollars from Google for his company, but he never was interested in a buyout. A little while after, Andrew Mason had a fallout with the company after some questionable monetary decisions and strange behavior and eventually parted ways with Groupon, but his idea still lives on.
I know a lot of people that use Groupon. It is really awesome how his boss noticed his initiative and gave him one million dollars for a project. I’m impressed with Andrew, but I’m more impressed with his boss to be honest. Andrew’s story shows me that even if someone works in a company, there is still a lot innovation can do for him or her. Thanks for sharing!
My friends and family who live in major city areas use this app all of the time! I have downloaded it but I never got around to using it. I know that the people who do use it love it! I like how you said he had the potential but he just needed the opportunity!