Tibesti Exits Beta

Los Angeles-based Tibesti, an online social shopping site, said today that the firm has exited its beta and officially launched its site. The startup is hoping to get people to share their product recommendations with friends and others, in exchange for up to 50 percent of the commission from sales. Tibesti was co-founded by Mike Hale, who was on the founding team of Starz Entertainment. Among features of the site are both user-generated and expert product reviews, social networking features, and a "world's most expensive" list of products. Tibesti launched the beta of its site in February.