Georgetown University’s Newspaper of Record since 1920

The Hoya

Georgetown University’s Newspaper of Record since 1920

The Hoya

Georgetown University’s Newspaper of Record since 1920

The Hoya

BILL OLEARY/THE WASHINGTON POST
Tim OShaughnessy (MSB 04) spent seven years as CEO
LivingSocial Chief Executive Officer and Georgetown alum Tim O’Shaughnessy (MSB ’04) announced Jan. 10 that he is stepping down from the company as it continues to report fiscal losses.

While LivingSocial’s model of publicizing discounts via daily emails garnered enormous success and spurred competition from similar sites such as Groupon, the company suffered $106 million in losses in the first nine months of 2013, according to The Washington Post.

O’Shaughnessy announced his decision in an email to staff on Jan. 10 and will remain in his position until a replacement is found in the first half of 2014, the Post

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LivingSocial Chief Executive Officer and Georgetown alum Tim O’Shaughnessy (MSB ’04) announced Jan. 10 that he is stepping down from the company as it continues to report fiscal losses. While LivingSocial’s model...

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By Matthew Strauss May 5, 2012

This year’s commencement speakers will feature a wide range of famous names, including journalist and television producer David Simon and LivingSocial CEO Tim O’Shaughnessy, the university announced...

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Eight years ago, Tim O’Shaughnessy (MSB ’04) was frequenting The Tombs and walking campus with other ambitious undergraduate students. Now, he is co-founder and CEO of a $3 billion business. Although...

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