Dennis Crowley / Teendrama Snippets : Foursquare co-founder says the company was acquired a month ago in a deal resulting in a $0 payout for equity holders, and faults leadership installed in 2021 — After 17 years, FSQ's ending has been written. Some thoughts on our final years, an effort to honor the team …
Foursquare co-founder says the company was acquired a month ago in a deal resulting in a $0 payout for equity holders, and faults leadership installed in 2021 (Dennis Crowley/Teendrama Snippets)
In short
Dennis Crowley, a co-founder of Foursquare, has revealed that the company was acquired a month ago in a deal that resulted in a $0 payout for equity holders. Crowley also criticized the leadership installed in 2021, stating that the company's future is being written by those who were not part of the original founding team.
Key points
- The company's future is being written by those who were not part of the original founding…: The company's future is being written by those who were not part of the original founding team.
- Crowley expressed a desire to honor the team and reflect on the company's final years.: Crowley expressed a desire to honor the team and reflect on the company's final years.