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Financing a Second Startup on Cash Flow of Your First

This story appears in the October 2011 issue of Entrepreneur. Subscribe »
Kiha Lee of
Photo© Renée Cascia

When daily deal sites like Groupon and LivingSocial started to heat up, Kiha Lee took notice. Capitalizing on the success of his online community for bargain shoppers,, the Silicon Valley entrepreneur created, a startup that offers online shoppers daily deals from national merchants, many of them lesser known and seeking exposure to a wide new audience.

Since's launch in January, close to 160,000 consumers have joined, snatching up bargains that have saved them nearly $700,000.

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