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Tag: "Naveen Selvadurai"

Foursquare now with 6 million members and valued at $250 million

on January 25, 2011 | Foursquare | Comments (0)
Foursquare now with 6 million members and valued at $250 million

Foursquare now has 60 staff members supporting a user base of 6 million members globally. Co-Founder Naveen Selvadurai says the company is now with $250 million USD and no interesting in going public at the moment. Foursquare has attracted some of the largest retail brands in in America and is expected to hit 10 million […]

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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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