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Tag: "Founders"

Yahoo sells Delicious to YouTube Founders

on April 28, 2011 | Delicious Yahoo | Comments (0)
Yahoo sells Delicious to YouTube Founders

Yahoo has now sold their social bookmarking service, Delicious, to YouTube founders Chad Hurley and Steve Chen. There has been a fair amount of speculation that Yahoo was looking to sell off Delicious as they continually withdrew resources from the Delicious project. Regardless the site continues to get high traffic (Alexa rank: 239) and it […]

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Foursquare Founders walk away with $4.6 million from VC funding

on July 15, 2010 | Foursquare | Comments (0)
Foursquare Founders walk away with $4.6 million from VC funding

In the second round of Venture Capitalist funding, Foursquare Co-Founders Dennis Crowley and Naveen Selvadurai have walked away with $4.6 million USD jointly from the $20 million given. Foursquare has said the founders sold shares so that investors could buy more. This allowed the Venture Capitalist to reach their desired equity level in the company. […]

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