Saturday, December 10, 2011

LBS: Foursquare CEO Dennis Crowley discusses new merchant platform, IPO, 100 employees, 2 offices, 15mm users



What is foursquare?
Foursquare makes the real world easier to use. We build tools that help you keep up with friends, discover what’s nearby, save money and unlock deals. Whether you’re setting off on a trip around the world, coordinating a night out with friends, or trying to pick out the best dish at your local restaurant, foursquare is the perfect companion.

foursquare by the numbers (last updated December, 2011)

Community: Around 15 million people worldwide
Over a billion check-ins, with millions more every day
Businesses: Over 500,000 using the Merchant Platform (more information at foursquare.com/business)
Employees: About 100 between headquarters in New York, NY and an office in San Francisco, CA
When was foursquare founded?
Foursquare co-founders Dennis Crowley and Naveen Selvadurai met in 2007 while working in the same office space (at different companies) in New York City. Working from Dennis' kitchen table in New York's East Village, they began building the first version of foursquare in fall 2008, and launched it at South by Southwest Interactive in Austin, Texas in March 2009.

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