Andrew D Mason Net Worth is775.4 $Million
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Andrew Mason is the founder and CEO of Groupon, a Chicago-based website offering users deep discounts on local businesses. He graduated from Northwestern University in 2003 with a degree in music.
Mason grew up in Mt. Lebanon, Pennsylvania, a suburb of Pittsburgh and graduated from Mt. Lebanon High School in 1999. At age 15, he started a Saturday morning delivery service called Bagel Express. After graduating from Northwestern University in 2003, he worked in web design for Chicago entrepreneur Eric Lefkofsky. Mason stopped working with Lefkofsky to attend the University of Chicago's Harris School of Public Policy on a scholarship. However, he dropped out of his Master degree program from University of Chicago only 3 months after it started. Mason also interned and worked at prominent Chicago recording studio Electrical Audio under recording engineer Steve Albini, whom Mason cited as being an inspiration on his work ethic.
Lefkofsky, several years later, provided Mason with one million dollars in "seed money" to bankroll The Point, a now largely inactive web platform, which was Mason's first entrepreneurial venture on the Internet.
It was found that The Point -- a social initiatives platform whose name was inspired by Malcolm Gladwell's The Tipping Point -- was too abstract to market, and it was stripped down to the Groupon concept. Groupon is a website that sells deals to local businesses. Groupon's website states that since its beginning in November 2008, Groupon has sold more than six million deals. With Groupon taking 50 percent of every deal, plus a small credit-card handling fee, Groupon's revenue is expected to top $350 million by the end of 2010. In late 2010 it was reported by Mashable that Groupon's annual revenue was $800 million.
Many internet sites have now sought to recreate Groupon's business example for their own niches.
On December 1, 2010, The New York Times reported that Groupon was the subject of a $6 billion dollar acquisition bid

Andrew D Mason Latest News

Volunteer state has been good to Navy football

D.J. Palmore played for a very strong football ... year's team from the Volunteer state include starting defensive end Amos Mason (Brentwood Academy, Nashville), starting offensive tackle Andrew Wood (Friendship Christian, Mount Juliet), backup center ...
Posted: October 20, 2016, 8:20 pm

TCSF 1 of 4 teams in contention for D-4 tennis title

Andrew Gerling notched a win at No. 1 singles ... 6-0 loss to second-seeded Ahmeir Kyle of St. Joseph. No. 1 doubles team Mason Bauer/Daniel Heyer beat Battle Creek Harper Creek 4-6, 6-4, 6-2 prior to a 6-2, 6-1 setback against East Grand Rapids.
Posted: October 14, 2016, 7:11 pm

What Andrew Mason learned from his own audio-tour app

Andrew Mason left Chicago for San Francisco three years ago to found ... Whenever my wife and I would travel, we'd always say, "I wish there was an app" where we could learn about the city we were visiting. I had this idea before Groupon.
Posted: October 6, 2016, 10:01 am
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