Since 2013, the company has entered into multiple debt-based financing rounds.is risky, even for companies in rapid growth phases. Foursquare filed with the SEC to raise $50 million in October 2018, but the company secured only half this amount in its latest Series F funding lead by Simon Ventures, Union Square Ventures, and Naver.
Crowley’s resistance to Yahoo’s offer may have been in part a desire to not have yet another company shut down after purchase. Dodgeball, which Crowley co-founded in 2005 while he was still a student at New York University, closed within 18 months of being bought by Google. By turning down Yahoo’s offer, Foursquare dodged a bullet, Kaminski says. Take what happened to Tumblr. In 2013 Yahoo acquired the microblogging site for $1.1 billion and later wrote down most of the deal.
Consolidating into a larger company like Google, Amazon, or Facebook or even going public may be the trajectory for many tech startups, but Foursquare would like to position itself to be an independent oversight for big tech, rather than join them. By being independent Foursquare avoided Gowalla’s fate.
The last time I checked they were in a series Z funding round, how long until they reach a profitability is what I’m curious about.
I look forward to getting my hands on a billi one day.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
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How Turning Down A Nearly $1 Billion Acquisition Deal Helped Foursquare See Its 10th AnniversaryTen years after its debut, Foursquare has faded in the memory of its many former fans, yet it still receives billions of monthly visitors. Foursquare shares the secret behind Foursquare's successful pivot from social media to enterprise tech, quietly maintaining its relevancy one decade on. Probably should have taken the money. And probably, in this case = definitely.
แหล่ง: Forbes - 🏆 394. / 53 อ่านเพิ่มเติม »
The 10th anniversary of the climactic March 2009 market bottom arrives this weekThe index has delivered a 10-year annualized total return of 17.8 percent since its financial crisis bottom in March, matching past 10-year bull markets.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »
On bull market’s 10th anniversary, can stock investors shrug off latest gloom?More dismal China data, a dovish about-face by the European Central Bank and a lackluster U.S. jobs report all left stock-market investors feeling the weight of the world on their shoulders this past week, sending Wall Street equities on a five-day skid on rising fears that a global slowdown could derail a bull market that celebrates its 10th anniversary on Saturday. Yup, just look at where interest rates are. Today is also the 19th anniversary of the Dot Com Bubble popping. RIP
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »
‘Another break point may be coming’: On the 10th anniversary of the last stock market bottom, a $160 billion investment chief explains why traders should be getting very worriedThe bull market turns 10 years old this weekend, but a Wall Street CIO says slipping consumer confidence and high stock valuations are a danger sign. Market has a record of crashing every 8 to 10 years. Nothing to see here, move along. What else would we expect with trump(R-Kremlin) a crazy moron running what was a democracy?
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »