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Tag: "with $4.6 million"

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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