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Re:LivingSocial: Employees' and Founders' Common Stock Now W... by bitcartel on Thursday February 21, 2013 @01:49AM (#5255889)
Wow, LivingSocial has now been funded to the tune of $918 million, and really, what is there to show for it?

http://www.crunchbase.com/company/livingsocial

Re:LivingSocial: Employees' and Founders' Common Stock Now W... by ap22213 on Thursday February 21, 2013 @09:49AM (#5257656)
Well, they have a hip looking office space near the Whitehouse, in downtown DC.
Re:LivingSocial: Employees' and Founders' Common Stock Now W... by fleitz on Thursday February 21, 2013 @02:04AM (#5255938)
I guess they bought a lot of ads.
Re:LivingSocial: Employees' and Founders' Common Stock Now W... by mpeg on Thursday February 21, 2013 @04:10AM (#5256352)
and not very well apparently, I managed to get a 70% discount on their listed price for something by using their referral system (refer 3 people and get yours free) plus targeted advertising
Re:LivingSocial: Employees' and Founders' Common Stock Now W... by snogglethorpe on Thursday February 21, 2013 @04:40AM (#5256456)
What seems sort of a shame is that at least at one point, their actual software seemed pretty nice ... I used their facebooks apps for a while and I enjoyed them.

There were also plenty of bugs and "issues", etc, however, and after a while it became clear they were overwhelmed or something, and things just kept getting worse. The feeling that I was putting lots of personal data into a database that seemed likely to implode at some point was obviously a big turnoff, and I lost interest.

But if they had been on top of things, it might have turned into something pretty cool (I guess you can say that about most startups though!)...