Los Angeles-based social shopping site Tibesti is setting its sights on students, saying today that it will give 100 percent of its sales commissions from student products to users, as part of a back-to-school promotion. The site--which allows users to recommend, review, and sell products through a social networking-centric site--already was offering fifty percent of product sales to its users. The firm said the promotion runs through October 15th. Tibesti was co-founded by Mike Hale--one of the early team members at Starz Entertainment--and Adit Reddy.

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

Los Angeles-based Tibesti (www.tibesti.com) is launching its new social shopping site this morning. What's the idea behind Tibesti? Mike Mike Hale: The whole concept behind Tibesti, is we really want to transform ecommerce into "we" commerce. In other words, we really want to take social shopping to the next To understand why the company decided to jump into this market, we spoke with the firm's Chairman and CEO, Mike Hale a few days ago. Mike explained how he went from the founding team at Starz Encore to the startup. What's