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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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik