All Posts Tagged Tag: ‘Tim O’Shaughnessy’

LivingSocial Taps eBay Exec for CEO

Daily deals company LivingSocial has just poached an eBay exec to be their next CEO, following January’s announcement that longtime head Tim O’Shaughnessy would be resigning. Your new LivingSocial CEO is Gautam Thakar. Thakar was eBay advertising General Manager since January of 2013, and has served as the CEO of (eBay-owned) since 2011. “We knew we wanted a new …

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LivingSocial CEO Tim O’Shaughnessy Is Resigning

The CEO of one of the top daily deals companies in the world has announced that he will be stepping down, effective as soon as a suitable replacement is found. Tim O’Shaughnessy said that he has given his all to the company and is “100% convinced” of its future success in a post made Friday morning. “Like you, I have …

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LivingSocial Raises $400 Million In Funding

Fans of group deals site LivingSocial should be pleased to know that some important organizations believe it’ll continue to grow and succeed.  Reports indicate LivingSocial has raised $400 million in a new round of funding that values it at more than $3 billion. Evelyn M. Rusli wrote late yesterday, “LivingSocial last week raised an additional $400 million from existing investors …

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