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16/06/2012

Woot founder Matt Rutledge leaves Amazon

Woot founder Matt Rutledge leaves Amazon: Woot Quest







After eight years as CEO and founder of Woot, a daily deal website, Matt Rutledge has announced today that he is leaving both Woot and Amazon so that he can "move on to future projects." Amazon acquired Woot two years ago for $110 million, and it's easy to imagine that the transition from successful start-up to a subsidy of an enormous online retailer could've changed the atmosphere inside the company.


Started back in 2004, Woot was one of the first companies to corner the daily deal market, but with competitors like Groupon and Dealnews aggregating large numbers of products, Woot has ventured beyond its single-deal-per-day roots in an effort to stay relevant. In a conversation with Tech Crunch's Ryan Lawler, Rutledge reflects on how...

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