by Jodi Jae
31. January 2012 07:49
Will daily deals continue to revolutionize the way we shop or just end up as another passing fad? Groupon founder and CEO Andrew Mason was interviewed by CBS’s 60 Minutes in January and clued us in on key Groupon information and the many successes and failures of daily deals.
The 31 year old Mason started his popular deal-of-the-day website in 2008 and Groupon has since risen to extraordinary fame, becoming the largest IPO by an Internet company since Google Inc.
"Once we started Groupon, the success was intoxicating. It was just this rocket ship ride that you couldn't let go, but you didn't want to let go either," Mason said.
We agree.