Groupon CEO Fired: Is the Daily Deal in Trouble?
After Andrew Mason, Groupon's quirky CEO, was fired on Feb. 28, the future of the daily deal has been uncertain. Other businesses have suffered since the trend's peak -- even LivingSocial hasn't been able to avoid substantial layoffs.
Still, Mason always had a flair for the eccentric, and showcasing a bizarre sense of humor even as his company's financials started sinking. Is his dismissal a sign that the end is nigh for the daily deal era, or that the future could be positive for this struggling company? Fool contributor Caroline Bennett addresses these questions and more in the video below.
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The article Groupon CEO Fired: Is the Daily Deal in Trouble? originally appeared on Fool.com.Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.