![]() ![]() ![]() Sennett has provided us with a well-written and revealing first draft of the company's start., Advance Praise for Groupon's Biggest Deal Ever "Fresh, fun, and exciting! A great inside business story wonderfully told." -Tony Hsieh, New York Times bestselling author of Delivering Happiness and CEO of, Inc. Through numerous anecdotes and observations, Sennett also captures all 360 degrees of Mason's personality, from his stubbornness and immaturity to his talent, dedication and loyalty. And they'll also hear from company insiders who rarely grant interviews. Even the closest of Groupon observers will learn a lot. The cover of Sennett's book promises "the inside story" of the Chicago-based daily deal company that went from tech startup to multibillion-dollar initial public offering in less than four years, and that's what it delivers. The Time Out Chicago editor in chief quickly plunges readers into Groupon's boardroom, providing one of the most detailed accounts of how close the founders came in late 2010 to accepting a $5.75 billion buyout offer from Google and why they ultimately rejected it. For students of start-ups, there is much to enjoy in this breezy retelling of three tumultuous years with hundreds of millions of dollars on the line., By the end of the first chapter, Sennett's nuggets of detail swell into full-blown revelations. Sennett had an enviable level of access during his reporting, and it pays off in a highly readable series of vignettes that demonstrate just how much personality plays in high-stakes Silicon Valley deal-making. Groupon's Biggest Deal Ever proves that, on Wall Street, truth really is stranger than fiction., Perfect for would-be entrepreneurs with a dollar and a dream. Frank Sennett tells the gripping story of entrepreneur/carnival-barker Andrew Mason's gutsy decision to turn down a $6 billion buyout offer from Silicon Valley's 600-pound gorilla (Google) and plunge ahead with an IPO that valued Andy's excellent adventure at close to $16.7 billion. You may never launch into cyberspace like the book's zany and tenacious heroes, but you will gain a new perspective on how ideas blossom and mega-deals get made, and you'll have fun along the way., So what's a three-year-old company-one that's never made a profit, burns cash like there's no tomorrow and has an easily duplicable business model-actually worth? If the company's name is Groupon, the sky's the limit. With exclusive access, interviews, and documents that no one outside of the company has seen or been able to report on, Groupon's Biggest Deal Ever has every twist and turn from start-up to IPO and is the real story of Mason's audacious gamble and the meteoric rise of Groupon from start-up to $16.7 billion online giant.Įver wonder why you aren't one mouse click away from becoming a billionaire? Groupon's Biggest Deal Ever gives you a funny, compelling, blow-by-blow account of what stands between a clever idea and an internet fortune. But did he make the right decision, or did he blow a chance to continue to grow "the fastest growing company in history"? Is Mason an Internet genius, or is he sitting on another bubble that could burst at any moment? While everyone has an opinion on Groupon, Frank Sennett has written the only inside account. The wild ride couldn't last, but Mason thought otherwise, and with dreams of a potential IPO that could be massive, he liked his odds. Groupon was little more than two years old and staffed from top to bottom with twentysomethings. Love him for saving you 50 percent on last night's Indian dinner or hate him for cashing in big when he could be losing millions for merchants and investors alike, Mason-Groupon's thirtysomething founder and CEO-made an incredible gamble when he turned down Google's $6 billion buyout offer to go it alone. His company went public, he became a billionaire, and the daily-coupon-deals phenomenon he pioneered has seemingly swept the nation." -Andrew Ross Sorkin, The New York Times DealBook, JanuGroupon's Biggest Deal Ever is the exclusive, behind-the-scenes account of the incredible rise of discount coupon giant Groupon and the compelling story of its offbeat founder, Andrew Mason, as he created a juggernaut of online commerce and ignited a consumer revolution that is disrupting how people shop all over the world. "It's hard to overstate how big a year it was for Mr.
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