LivingSocial Hires John Bax to Manage All Its Money

LivingSocial has added to its executive ranks after raising a $183 million round of capital led by Amazon.com. John Bax will serve as CFO of the Washington, D.C.-based daily deals site after most recently working as CFO of RecycleBank, a merchant-funded rewards program. He also previously served as VP of planning and analysis for Wal-Mart stores and CFO of Walmart.com.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus