This is a guestpost by Business MBA. What do you think about Top 10 Entrepreneurs Under 30?
Andrew Mason, who is aged 29 years old, has a net worth of about $600 million. He is the founder and CEO of Groupon, an on line business that offers daily deals to people the world over through online coupons. Mason founded the website in 2008 and it is still continuing to increase its daily traffic as more people discover that they can save on almost anything in the world of commerce, from buying a subway sandwich to purchasing a laptop. In fact it is highly likely that you have heard of this website and even used it yourself. Each day customers receive new “Groupons,” which is a play on the words, “group and coupons.”
Mason launched his website when his former employer gave him $1 million dollars to pursue this venture. It has, obviously, since made both the financier and the founder tremendous wealth, with a promise of even more in the future as the popularity of the idea of enjoying tremendous savings with an online coupon shows no sign of slowing down.
From: Business MBA
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