In 2011, LivingSocial, which is an app offering instant deal from local retailers for hungry consumers, received $176 million from Amazon. At that time, LivingSocial’s CEO, Tim O’Shaughnessy said, “we think we can redefine how people are interacting with one another.” He had two goals for LivingSocial: overtaking Groupon and maximizing his company’s potential to maintain a sustainable path of growth. 506 more words