No wonder they were dancing. After a 2012 that saw layoffs and $650 million in net losses, LivingSocial announced in a memo today that it has landed $110 million more in funding from investors.
In the memo, obtained by the Post, LivingSocial CEO Tim O'Shaughnessy calls the investment "a tremendous vote of confidence in our business." While the memo suggests the cash comes from current investors in the coupon and events company, it's not clear which of the company's list of backers, which includes Amazon.com, put down the money. (Disclosure: Washington City Paper is also in the online coupons business.)
In the words of the criminally underrated 2006 film Priceless, "Getting drunk in the daytime is like having a secret." There's no better way to get day-drunk than at the pool, but this right has been forbidden to most Northern Virginia pool users by local ordinances keeping drinks away from the water.
The Washington Business Journal reports that that may be about to change in Loudoun County. Ralph Buona, a member of the county's Board of Supervisors, wants to change a county ordinance that requires that drinks and food be kept in an enclosed area at least 10 feet away from pools. Instead, Buona's amendment to the current law would allow food within five feet and drinks on the pool's edge, swim-up bar style.
To get inside Washington daily deals giant LivingSocial, you could read "Living LivingSocial," our November cover story on the company. Or you could just watch the LivingSocial Harlem Shake video, which is so LivingSocial I feel like it should get a tax break, then lay off half its dancers.
Some things you didn't know were a part of LivingSocial's corporate culture, but could probably guess were. After watching the "Harlem Shake" video, there's no doubt that the LivingSocial lifestyle features:
Were you kissing Washington Post columnist and aspiring silver foxRichard Cohen on the lips, or thinking about it? Well, don't. Cohen's column today, "Presuming too much intimacy," is about how people, kissing him hello and using his first name, are all up in his face when he doesn't want them to be.
"I want to be called mister," writes Cohen, whose ability to write lines that have both slimy class and sex connotations remains undiminished.
Between the Cool "Disco" Dandocumentary, the Cool "Disco" Donuts fiasco, and Cindy Adams, the 1980s are back. So why not remember them in style by buying the house Marion Barry lived in during his first three terms as mayor? You can, for just $469,000.
Barry says that the 3607 Suitland Road SE four-bedroom is a "good house," reports the Washington Post's Mike DeBonis, so that's all the endorsement you need. And check out the amenities:
Washington Post ombudsman Patrick Pexton's term is up at the end of the month, and there's a good chance he won't be replaced. In one of his last columns, he sings the song of his dying profession:
It is possible that I’ll be The Washington Post’s last independent ombudsman and that this chair will empty at the conclusion of my two-year term Feb. 28. If so, that will end nearly 43 years of this publication having enough courage and confidence to employ a full-time reader representative and critic.
Although the fate of the ombudsman position hasn't been decided, Pexton writes, "I think the tea leaves are clear. For cost-cutting reasons, for modern media-technology reasons and because The Post, like other news organizations, is financially weaker and hence even more sensitive to criticism, my bet is that this position will disappear." The arguments in favor of eliminating the job Pexton identifies in the column are the same ones often used to eliminate other newspaper salaries: It's done better by people on the Internet, and it costs money. Interviewed by Pexton, Executive Editor Martin Baron seems to come down in favor of eliminating it.
Our Biggest President: William Howard Taft's great-grandson declares his ancestor's inclusion in the Nationals' presidents race "cute." +3
Spy vs Alt Weekly:Washington City Paper had a small screen cameo in last week's episode of FX's The Americans, as undercover Soviet agents communicated with each other in our classified section. Tune in this week, as City Paper defuses a nuclear missile and punches Joe Stalin in the nose. +6
Welcome back to the Wizards Misery Report, where we find our temporarily not-miserable Wizards with their four-game winning streak snapped by the Detroit Pistons just before the All-Star Break. Will the Wizards get their moves back? Find out below.
Sweepstakes: Will the Wizards pony up for Atlanta's Josh Smith, said to be leaving his team after they won't meet his salary demands? While reports suggest that the Wizards are interested, Smith could prove too expensive for the team.
Dislike Mike: Michael Jordan's 50th anniversary occasioned some retrospectives...and questions about just what was up with that time he played for the Wizards. Here's one:
Still, something seemed empty. This wasn't Chicago, where he had become the greatest player in the world. It had been three years since he walked away from that Finals-winning shot in Salt Lake City. Now he was 38 on a strange team and already there were chips in the wall of reverence his teammates had always built for him.
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Ward 6 Councilmember and mayoral hopeful Tommy Wells is continuing his crusade against Gamestop and other alleged resellers of stolen cell phones, proposing legislation that would temporarily shut down any business selling the phones. Previously, Wells tweeted about Gamestop's alleged criminal profits until police asked him to stop.
Crystal Mess: With its somewhat-undeserved reputation as an overgrown office park, it's hard to imagine anything especially sexy going down in Crystal City. But now a March sexuality conference featuring someone who describes herself as a "kinky boobisexual" could change that, at least temporarily. +3
Snowed Out: Looks like we won't be getting snow tonight after all. -2