ANDREW LISY

Director of Product – Marketplace Team
Chicago, IL
Joined: 2014

From bond trading on Wall Street to e-commerce in Chicago, Andrew has taken his high-stakes modeling experience to the more local-focused (and probably slightly less stressful) environment of Groupon.

Tell us about what you do! What do you love about it?

I lead our marketplace teams, which comprise everything related to supply and pricing. In the supply world, we split it into two groups — Supply Intelligence (SI) and Scalable Supply (SS). The SI role is really fun because it’s heavily driven by machine learning models and decision science. I used to be a Wall Street bond trader, so a lot of the mechanics that go into determining the best merchants to bring onto Groupon’s platform are very, very similar to the models I used to use to pick the best stocks and bonds to trade as a trader. On the scalable supply side, I get very involved in partnerships with a variety of companies that do really cool stuff in the local space. We work with these companies to list their inventory on our platform. Finally, pricing is really fun for a lot of reasons — there’s the fun/academic/nerdy/trader/financial side of building out elasticity models, the immediate gratification of seeing our work appear on the front page of the site, and the thrill of working with an amazing engineering and data science team.

What do your parents think you do?

Me texting my mom: “What do you think I do for work”

Mom: “Big data? Head of all data? Analyzes data? Did you get a sitter for Friday?”

So what’s unique about being a Product Manager at Groupon?

More than anywhere else I’ve worked, being a PM at Groupon means ownership. PMs really own their areas and are ultimately responsible for the success or failure of their product(s). It’s an incredible feeling — every day, I come in and influence a big part of a major e-commerce site with tens of millions of users.

And how does your work impact Groupon’s mission of building the daily habit in local commerce?

Incredibly tightly! In order to create a daily habit, we have to have amazing supply and incredible prices. The work I do every day ensures that the merchants we’re bringing onto Groupon are the best ones to engage and delight our customers when they pull the app out of their pocket. If I do my job well, Groupon becomes an indispensable place to check every day to find great merchants around your area.

In order to create a daily habit, we have to have amazing supply and incredible prices. The work I do every day ensures that the merchants we’re bringing onto Groupon are the best ones to engage and delight our customers when they pull the app out of their pocket.

What’s your favorite Groupon memory?

When we launched card linked offers (CLO), we got a group of product managers in Chicago to go bar hopping to 3 or 4 bars that were in CLO. It was grueling work, and we were all in pretty rough shape after several hours of exhaustive product testing (and testing. and more testing). We try to do this sort of thing every time we launch something new. It’s a really fun way to “eat our own dogfood” and have a great time with co-workers.

Where were you before joining Groupon?

I was a trader — I traded convertible bonds at Merrill Lynch, options at a hedge fund, and then worked in strategy at a high-frequency trading firm. I loved the excitement of the markets, but something really clicked when I started building my own trading platforms for me and my trading group to use. One day, I work up and realized that building the platforms was what really thrilled me, and the trading part was just incidental. At that moment, I decided that I wanted to move to Product.

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What was your first role here and how did you get to where you are today?

I started as a Senior Product Manager on a product called Quantum Lead (QL). QL was (and is) a very data intensive program and tightly connected with our sales org, so I spent a lot of time with our data science teams and sales teams. After working on that for a while, another fairly quantitative role opened up leading our pricing team, and my experience was a good fit to take that on as well. We’re always looking to give people new challenges and opportunities, and it was a really fun space to dive into.

Where can we find you outside of work?

I like making stuff, toys, and eating. Cooking satisfies all three of these interests, so I’m really into making delicious food. I’ve also been getting into woodworking lately because it’s fun to come home from a long day of making code and jump into making physical stuff out of wood. I like making cutting boards because they’re fairly complicated to make but also can come out looking really nice. Finally, I like photography, so I document both of these hobbies on some small personal blogs I keep around.

And lastly, Vim or Emacs?

nano (/nerdcred). I used to be a pretty heavy emacs user but basically lost all of that muscle memory.

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