Foursquare co-founder says equity holders saw no returns from the company’s acquisition
Summary
Despite raising hundreds of millions of dollars in funding, Foursquare ultimately provided no financial returns to its equity holders following its acquisition. The company had previously secured significant venture capital support before the deal concluded.
Foursquare raised $411 million in funding according to PitchBook data, but its equity holders saw no returns from its final acquisition.
Source: Read the full story at TechCrunch
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