Obviously there are positives to working in the epicenter of innovation. But there are also disadvantages. There is a groupthink mentality that goes on. Being based outside of Silicon Valley, you're not as subject to it.
I started my career at General Electric in a small office under a guy named Greg Liemandt, and his direct boss was Jack Welch. I would say those two have had the most profound impact on my career.
We had this unbelievable faith that no business has done, quite frankly, and we tripped along the way doing it, but within two years, we were in 40-plus countries. So we ran at an amazing pace, and this is where venture capitalists play a role. Making Groupon into what it is today, we had no role in it; the entrepreneurs did it.
