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LivingSocial a 'better, stronger' company, says Grotech's Don Rainey

04/22/2013
Few know LivingSocial like Don Rainey. The Grotech general partner's involvement with the D.C. daily deal giant predates the daily deal itself. Rainey has sat on LivingSocial's board long enough to see it reach the peak of press adulation, only to be hammered by a seemingly endless string of bad news.
 
LivingSocial has struggled for months to counter the perception — fair or not — that its ship is sinking. I caught up with Rainey recently. He disagrees rather strongly with that narrative.

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