Groupon Adds Starbucks CEO Howard Schultz to Board

Starbucks CEO Howard Schultz is joining Groupon’s board of directors to contribute his brand experience to the two-year-old daily deals company, according to the company’s blog. In addition, Schultz’s venture capital firm, Maveron, is investing an undisclosed amount of money, TechFlash reports. The funding is part of Groupon’s most recent round, which was close to $1 billion. Schultz’s expertise may come in handy, especially given Groupon’s recent Super Bowl hiccup. The pair is a good match, considering Groupon’s next-closest rival, LivingSocial, has teamed up with retail giant Amazon.com.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus