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LivingSocial’s Bad Luck Continues

You really can’t use another phrase to describe the fortunes of a company that has seen the vast majority of its founders leave the company except “bad luck.” Back in 2010, LivingSocial seemed like it had a lot of things going for it. After all, the daily deals space was red hot. Venture capital funds […]

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Screenshot of livingsocial website

LivingSocial forecasts 400 layoffs

Twitter and Facebook spawned an ecosystem of companies that seek to turn social traffic into cold hard cash. From app developers to social game pioneers like Zynga to group discount middlemen like Groupon, the types of companies drawn to the irresistible siren call of the economic and technical bounties of social networking are only limited […]

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