#SFSNYC Recap: 5 Key Takeaways from This Year’s Summit
The annual Street Fight Summit assembled more than 350 marketers, solutions providers, technologists, and media executives to discuss pressing issues and developments in the connected local economy. Here are five key takeaways from the day’s keynotes, panel discussions, and fireside chats.
#SFSNYC: Investor Ted Leonsis and BuzzFeed Editor-in-Chief Ben Smith on Media and the Local Economy
The Street Fight Summit played host to a wide-ranging conversation between BuzzFeed editor-in-chief Ben Smith and investor Ted Leonsis. The fireside chat touched on Leonsis’s decades of local economy expertise, stemming from his many investments in and experiences with media ventures, professional sports teams, and ecommerce ventures, including Groupon.
Groupon Rebounds in First Quarter Without Mason
Eric Lefkofsky, who is serving as co-interim chief executive with Ted Leonsis, opened the earnings call Wednesday evening with an apology to investors, admitting that the company had “spread [itself] too thin and failed to focus on things that will have the greatest impact.” Part of that extension, Lefkofsky admitted, was overinvesting in a secondary businesses like Groupon Goods at the cost of its more profitable local segment…
Andrew Mason Out as Groupon CEO
Groupon CEO Andrew Mason was fired by the company’s board Thursday, less than 24 hours after dismal earnings sent the company’s stock price into a tailspin. The board is currently looking for a replacement, and board members Eric Lefkofsky and Ted Leonisis will serve as co-CEOs of the company until one is found…
Street Fight Daily: SEC Probes Groupon, Manta Raises $44M
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
SEC Probes Groupon (Wall Street Journal)…
Borrell: Local Online Advertising to Grow 21% (NetNewsCheck)…
Online Community For Small Businesses Manta Raises $44M (TechCrunch)…
Street Fight Daily: 02.15.12
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
Why News Companies Can’t Get On Top Of Digital Advertising (PaidContent)…
Survey: 69% Use Print YP in SF Bay Area (ScreenWerk)…
Leonsis: Groupon a ‘Much Bigger Idea’ Than a Directory or City Guide (BIA/Kelsey)…
A Conversation With Ted Leonsis on Social, Local and Mobile
Ted Leonsis understands social media better than you. Let’s just start there. And he doesn’t just understand it academically, or as a learned practitioner, or even as a social media services innovator (which he was). I’d like to think social media is visceral to Leonsis, but that would miss the mark, too. The truth is […]