Confirmed: LivingSocial Co-founder Eddie Frederick Steps Down From Leadership, Board

StartupStats got wind of news this afternoon that LivingSocial Co-founder Eddie Frederick is stepping down from both his leadership position today, and from his role as a member of the company's board of directors. We've since been able to confirm the news by way of LivingSocial Director of Communications Brendan Lewis. Frederick co-founded the daily deal giant back in 2007 with CEO Tim O'Shaughnessy, CIO Val Aleksenko, and CTO Aaron Batalion. The four met while working for Revolution Health, and, after completing work on the consumer healthcare portal, they decided to leave to pursue their already-launched Facebook app, Virtual Bookshelf. The book solution, formerly known as Hungry Machine, was initially the company's flagship product, before it became the Groupon competitor we know today.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/95GpJ37eZjk/

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