backstory is simple: Rob was brought in as adult supervision in case Andrew Mason couldn't handle his shit. Everyone was worried about this with Andrew early on (this is why so many VCs passed on Groupon in '09). Now Andrew has consolidated his position and at least proven he can handle rapid growth. No need for Rob. Therefore, Rob (who doesn't like Chicago anyway) has no reason to stay because he's not going to be CEO.
Well, that settles it then. Nothing to see here, folks. Absolutely no chance that Rob was pushed. Wallabe (HN'er for 1 day) says so.
I've interviewed Rob. He's awesome. But he doesn't strike me as someone who voluntarily passes on a wild IPO ride, just because "he doesn't like Chicago anyway."
I never said he wasn't pushed, but I wouldn't make it sound like he was fired. The role didn't evolve as expected and so there's no reason for him to stay. Pretty simple.
If this was a planned exit all along and he was only meant to be on short term then Groupon would have prepared a better statement. I assume that whatever equity he has he'll keep as he was looking for a big pay day and I don't know why he would pass that up.
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[ 5.9 ms ] story [ 41.3 ms ] threadRemember when Facebook was a revolving door for execs? :-)
That's all the backstory you need.
I've interviewed Rob. He's awesome. But he doesn't strike me as someone who voluntarily passes on a wild IPO ride, just because "he doesn't like Chicago anyway."
And this comes from who...?