CourseHorse | Street Fight

What Scale Means After Patch and Groupon

Steven Jacobs

What Scale Means After Patch and Groupon

Macroeconomic developments and internal politics aside, both Tim Armstrong and Andrew Mason succumbed to the flawed assumption, held by many at the time, that local was a land grab. They mistook opportunity with urgency, falsely believing that the local market was some homogenous block, which would open its coffers to the first company that invested enough money, or put enough feet on the street, to make it work…