Showing posts with label coupons. Show all posts
Showing posts with label coupons. Show all posts

Wednesday, July 27, 2011

Competition, Humor, & IPO Drives Social Media Business

Groupon's CEO Andrew Mason
At least that’s what Groupon's CEO Andrew Mason claims. He does not mind the very many plagiarists who are copying his business plan. He thinks of them as healthy competitors.
 
Perhaps LivingSocial and Bloomspot might Groupon’s biggest competitors out there, it does not stop Mason to invent and pursue diversification to over-run the competitors’ businesses.  And he is pretty much accomplishing it.