Andrew Mason, Co-Founder of Groupon and CEO of Descript joins Cheddar to discuss the changing landscape within the audio industry. His new venture, Descript, launched on Tuesday and allows people to transcribe audio files within a Word doc.

Mason talks about why this particular technology within the audio industry is imperative to continue innovation. The company raised $5 million in seed funding. Descript aims to market to publishers and media companies.

Plus, Mason talks about discovering Groupon out of another project and how he's learned from his experience building the company. Trying to find new products and innovation within an already successful company is always a goal of his.