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VIEW EVENT INFORMATION: LivingSocial |
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LivingSocial CEO Provides More Details On $110M Funding Round, Company Now Valued At About |
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About the organization LivingSocial: Type: Business Sub-Types: Website, E-Commerce, Ticketing Agent, Entertainment Promotion, Event Promotion, Advertising Agent, Online Deal, Online Store |
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Notable Organizations: LivingSocial, Techcrunch |
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More details have emerged about LivingSocial’s new $110 million funding round announced yesterday. In response to a blog post characterizing the raise as an emergency round of debt financing, LivingSocial CEO Tom O’Shaugnessy issued a new memo to employees clearing up some misconceptions about the raise. The key takeaway? Yes, it was a down round, it was not an “emergency… |
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