Tim O’Shaughnessy is peacing out. After a string of bad news for the company, it looks like the cofounder and CEO of LivingSocial is jumping ship. Tim O’Shaughnessy, head of the daily deals site that brings you fabulous discounts on mozzarella making classes and pole dancing seminars, announced in an email to staff that he’ll be stepping down sometime in the first half of the year. A portion of Mr. O’Shaughnessy’s email read:
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