and Groupon is no different

Mason, the often eccentric and playful 32-year-old founder, responded to his ouster Thursday with surprising candor. Many supporters applauded his open letter to employees, in which Mason acknowledged he was fired for understandable reasons and that he was "OK with having failed at this part of the journey."

Groupon has not revealed how much money Mason will take away from the company he created, but nearly all his earnings wealth is in the form of Groupon stock. He owns 7.3 percent, worth $212,nikesoccerdiscount.webs.com.6 million as of Thursday's close,hermes. Because of his significant stake,http://www.truereligionjeansbrand-store.com/, he voluntarily cut his base salary to $757 in 2011 and turned down a bonus. Other top executives take home base salaries of $300,000 to $500,Gucci Outlet,000 a year, plus bonuses, stock and other perks.

Wall Street tends to applaud management shakeups when a company is struggling, and Groupon is no different,guccibagsdiscount.webs.com, analysts say,3. "Wreck-It Ralph.

"This company is in a different phase of its growth now and it requires a slightly different skill set," Sterne Agee analyst Arvind Bhatia said. "What they need is somebody who has e-commerce experience and who has an operational background -- not just a visionary,burberry Bags."

One of the more bullish Groupon analysts, Bhatia did not lower his stock growth expectations in the wake of the stock sell off. He was surprised,back row,chaneloutlet-brand, however,The last stretch of three days in a row in the 70s was late September, by the disappointing fourth quarter earnings, dragged down by higher-than-expected costs to keep and attract new business partners,Chanel Outlet. He said the company's lower first quarter revenue projections probably mark a shift to heavier focus on cost control and cuts -- something a new chief executive will need to bring to the table.

Tribune reporter Robert Channick contributed.

data by data by