| Founded | 2008 |
|---|---|
| Country | USA |
| Sector | Marketplace |
| Total raised | ~$1.1B USD |
| Collapse type | Slow Death |
| Founder | Andrew Mason |
Groupon
"Daily deals pioneer rejected Google's $6B offer. Stock fell 97%. CEO fired via shareholder letter. From 12,000 employees to under 500."
Years-long decline before final shutdown
Key Events Timeline
Groupon was founded in 2008 by Andrew Mason in Chicago as a daily deals platform offering time-limited discounts from local businesses.
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