Foursquare co-founder says equity holders saw no returns from the company’s acquisition

Key takeaways

Foursquare's co-founder said equity holders received no returns from its acquisition by Infillion, despite the company's past success.

• Foursquare was acquired by Infillion at an undisclosed value with no returns for equity holders.
• Dennis Crowley expressed disappointment, noting the company's past revenue and efforts were undervalued.
• Foursquare shut down its app in 2024 after years of funding and business transitions.

Summarised automatically by AI from the original article by TechCrunch. AI can make mistakes, so check the original for details.