Meet 30 Cool Young Entrepreneurs

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16 of 30

The Founders of LivingSocial

Tim O'Shaughnessy, 28, and Eddie Frederick, 29, founded this website, which provides users access to great local deals. Like competitor Groupon, they have raised big money: A total of $40 million from venture capitalists, which, they hope, will propel them to a revenue of more than $100 million this year (up from roughly $10 million last year.) Read more.