Reuters: Technology News: Ex-Groupon CEO Mason moving to San Francisco to start new company

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Ex-Groupon CEO Mason moving to San Francisco to start new company May 17th 2013, 00:13 Tweet Share this Email Print Related News JANA Partners reveals stakes in Zynga, Groupon Wed, May 15 2013 LivingSocial cyber attack affects millions of customers Fri, Apr 26 2013 Andrew Mason smiles outside the Nasdaq Market in New York November 4, 2011. Credit: Reuters/Brendan McDermid By Alistair Barr SAN FRANCISCO | Thu May 16, 2013 8:13pm EDT SAN FRANCISCO (Reuters) - Former Groupon Inc. Chief Executive Andrew Mason is moving to San Francisco to start a company after recently recording an album of "motivational business music," according to an update on his blog on Thursday. "If there's a silver lining to leaving Groupon, it's the opportunity to start something new," Mason wrote. "I've accumulated a backlog of ideas over the last several years, my favorite of which I'll be turning into a new company this fall." "As part of this, my wife and I are moving to San Francisco later this summer," he said in the blog. (here) Mason said he intends to keep his Chicago-area home. Groupon ousted Mason earlier this year after the company suffered several quarters of losses as demand for its daily deals waned and its European operations fell into disarray. Mason said on Thursday that he will be spending a day each week at start-up incubator Y-Combinator in coming months "to keep my brain from atrophying." Earlier this month, Mason said he recorded a seven-song album of "motivational business music" targeted at people entering the workforce, called "Hardly Workin'." "I came to realize that there was a real need to present business wisdom in a format that is more accessible to the younger generation," Mason said. "I'm really happy with the results and look forward to sharing them as soon as I figure out how to load music onto iTunes, hopefully in the next few weeks," he said. (Reporting by Alistair Barr; Editing by Bill Trott) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions