Foursquare co-founder says equity holders saw no returns from the company’s acquisition
Last month, advertising company Infillion acquired location-data platform Foursquare, a once popular social network, at an undisclosed value. Now, in a new blog post, Foursquare co-founder and former CEO Dennis Crowley said that investors didn’t see any returns from the sale. Crowley referenced a post by an angel investor, inferred that neither preferred nor common…