Yesterday, before LivingSocial announced the acquisition of the social adventure company Urban Escapes, BoomTown sat down to talk with its CEO and co-founder Tim O’Shaughnessy.
The entrepreneur has worked at AOL, as well as at Steve Case’s Revolution Health in Washington, D.C., before moving on to the local deals start-up. Case was an early investor.
LivingSocial now has about 10 million subscribers to its social discount offers online, where it competes head-to-head with Groupon, which has garnered much of the attention in the hot arena.
Both companies have been garnering huge fundings, which are being used in a race for dominance in the space.
O’Shaughnessy talked about all this and more in the video interview below, which we did in Palo Alto, Calif.: