How the F*ck Could Foursquare Be Sold for $0?!?!?
Foursquare raised about $412 million, was once valued at $450 million, and sold to ad tech company Infillion for zero dollars to every equity holder. Axios broke the acquisition on September 18, 2026 with terms undisclosed. A month later, co-founder Dennis Crowley confirmed in his Teendrama Snippets newsletter that preferred and common shareholders both got … Read more