How Did Nights and Weekends at Living Social Lead to a First Paycheck Near the End of 2012?

The opening stretch was independent contracting, about a year and a half of software work to pay the bills. Living Social came next. The registrar was carved out in the contract as pre-existing work so it would not conflict with the day job. Nights and weekends went into growing it, and the first three years paid no salary at all.

A Florida limited liability company in 2010 was the legal start, using an entity that already existed. A paycheck began near the end of 2012, or maybe early 2013, once revenue could pay the other people on it. The person taking that salary was the third employee.