![]() ![]() Reaching this scale in about 30 months required a great deal of operating flexibility, dating back to Groupon's founding.īefore Groupon, there was The Point-a website launched in November 2007 after my former employer and one of my co-founders, Eric Lefkofsky, asked me to leave graduate school so we could start a business. On the day of this writing, Groupon's over 7,000 employees offered more than 1,000 daily deals to 83 million subscribers across 43 countries and have sold to date over 70 million Groupons. It sums up the company's history, and its future: Here is Andrew Mason's letter to potential stockholders. Last year, the company actually lost $413 million. Groupon has gotten a lot of slack for going public. Account icon An icon in the shape of a person's head and shoulders.
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