Did Groupon's chairman get greedy?

03/18/2013 | Verge, The

Groupon Chairman Eric Lefkofsky is an "ultimate capitalist" compared by one ex-Grouponer to Gordon Gecko, while other sources say his hard-driving approach and insatiable appetite led the daily-deals company to overextend itself on the global stage. "Eric is a brilliant guy," says one former Groupon executive. "But his greed overwhelms his intelligence. It drives him to make short-term decisions, always in the pursuit of bigger, more, now."

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