Ted's Take

The Blogging Site of Ted Leonsis

Posts Tagged ‘Groupon’

How to Know You Have Made It as a Brand - Groupon

Tuesday, January 19th, 2010

You know you have made an impact when you describe your company to the Washington Post
as “Wahanda Aims To Become Yelp-Meets-Groupon-For-Health.” For many years, young startups would describe their business with the sound bite of “We are the Google of…”. Groupon matters now. It is a comparable that people use as a descriptor for something with promise.

Groupon is such a breakout hit and so many faux competitors now have emerged. The one competitor that I worry about as a board member of Groupon is Nopuorg.com. These folks have it right. These guys are good.

Groupon Rocks

Tuesday, December 22nd, 2009

See this article and get the tour of their facilities. Nice work here.

I love this company; its business model; its people; and I am honored to serve on its Board of Directors. I also love going to Chicago for these board meetings. They are outside of the group think in NYC and the Valley and operate in a very efficient and innovative manner.

Get your Groupon on! Sign up today…

Groupon. Groupon. Groupon.

Tuesday, December 8th, 2009

Is there a hotter company anywhere these days? Holiday shopping? Go to Groupon.com. Want the best deals locally? Go to Groupon.com.

Check out Groupon.com in a city near you.

A big idea and perfectly executed. Check out this news story.

Groupon Financing

Thursday, December 3rd, 2009

I am proud to serve on the board of directors of this great young company, Groupon. They are providing a great set of services to consumers and to merchants. The company is growing very fast. The company just raised a lot of money from some brand named venture capital firms. Check out this article

Groupon is a terrific example of next generation social shopping and local direct marketing. Sign up today to become a member as well. Go to Groupon.com to check it out.

A Rush of Productivity

Saturday, October 24th, 2009

My book project - ”The Business of Happiness” - has been turned into the publisher. A first indication from their editors is that they are “happy” with it and I am very happy with my partnership with John Buckley who worked with me on the book. We hope to get it into market in early 2010. I never knew how hard writing a book would be. It is a great relief to get the book sent to the publisher.

A new film that I am helping to produce has been sent to the Sundance Film Festival. We all have our fingers crossed that it will be accepted. I am very proud to be associated with another “Filmanthropy” project such as this. Rick Allen, CEO of SnagFilms, has been working with me and the first time film directors on it. It is a very moving documentary about an inspirational character who overcomes great odds to win at the game of life!

Some of the companies that I am associated with as founder, majority owner or as an investor, Chairman or serving on their board have been having some break out activities of late. A few names spring to mind - Groupon; SnagFilms; Revolution Money; The Washington Capitals. Customer satisfaction is very high with these companies. Business is booming of late. Growth is off the chart with all of these organizations. All four of these firms are in the business of happiness.

We are blessed. It has been a wild and exciting last six months of work!

Sometimes the First Best Answer isn’t the Right Best Answer

Monday, October 19th, 2009

Keep trying; keep perfecting. Sometimes the first plan isn’t the best plan. This is an article with a premise that I really believe in.

Viagra was discovered by trying to create a hair growth product. I kid you not. :-)

Be open to possibilities. Know what you don’t know.

I am on the board of a super-fast growth company called Groupon.com. It is booming. It started out life being a consumer advocacy service. It didn’t work. It morphed into a hyper local best prices and group shopping service. It is a home run company now.

The original business plan for SnagFilms looked NOTHING like our business is today.

Be open minded. Listen to the markets and consumers. The best answer may not be the first right answer!

Sign Up for Groupon Deal of the Day

Friday, August 21st, 2009

I have gotten involved with this very innovative young company called Groupon. I am proud to serve on their Board of Directors as well.

Sign up for the deal of the day. Get one offer per day five days per week. Usually each deal is 50% off and it is hyper local to you. We are rolling out in lots and lots of US based cities. Check out the website by clicking here for details.

This is not a spam like deal. This is well though out programming with really great one of a kind, once per year kind of deals.