Hardware Podcasts

Groupon and Descript: Andrew Mason

How I Built This · 9 Sept 2024 · 1h 11m

What this episode covers

Andrew Mason, co-founder of Groupon and founder of Descript, recounts his journey from a failed startup called The Point to building Groupon, the fastest-growing company in history, and his subsequent firing as CEO. He details the strategic pivot to daily deals, the rapid expansion, and the strategic decision to reject acquisition offers from Yahoo and Google in favor of a massive IPO. After being fired, Mason launched Detour, an audio tour app, which failed to gain traction but led to the creation of Descript, an audio and video editing platform that reimagines editing as a word processor.

Most relevant to

early-stage companies and companies scaling up

Topics

Mentioned

Companies
Groupon, Descript, Yahoo, Google, NEA, Woot, Y Combinator
Products
The Point, Policy Tree, Detour

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