LivingSocial Hires Dickson Chu of Citi to Head Up Local Merchant Initiatives

LivingSocial, the second-largest daily deals company, has hired Dickson Chu as SVP of Merchant Solutions. Chu was Managing Director of Digital Networks at Citi’s Global Enterprise Payments unit, and before that, a VP at PayPal. In addition, LivingSocial promoted Jake Maas to SVP of Consumer Businesses and Eric Eichmann to President of International.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work