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Foursquare funding

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VC Fred Wilson Is In Love With Foursquare. Foursquare Gets $1.35 Million To Play With From Union. Foursquare Raises $1.35 Million, Led By Union Square Ventures. Foursquare's Valuation More Like $6 Million. Foursquare funding a venture capital case study (Dealscape - Pri. Debevoise & Plimpton Follow the latest legal trends through our Knowledge Center partnership with Debevoise & Plimpton.

Foursquare funding a venture capital case study (Dealscape - Pri

Through regular client updates and thought-provoking newsletter analysis, dealmakers are guaranteed to stay up to date on various due diligence tactics, Dodd-Frank guidelines and executive compensation arrangements. Check out our expert advisory strategy today. Pepper Hamilton Join Julia D. McGladrey Global economic uncertainties continue to weigh on markets and M&A activity.

Faegre Baker Daniels It's no secret that experts have been saying that corporations have an unprecedented pile of cash to the tune of $2 trillion on their balance sheets and are seeking to deploy these funds via acquisitions. Yahoo Considers Buying Foursquare For ~$100 Million. Foursquare Is Worth $100 Million. Foursquare Will Take Funding From Khosla Ventures. Exclusive: Andreessen Horowitz Drops Out of Funding Race for Fou. In an unusual move for a venture firm chasing a hot start-up, Andreessen Horowitz said it has dropped out of the race to be an investor in social location company Foursquare.

Exclusive: Andreessen Horowitz Drops Out of Funding Race for Fou

In an interview tonight, Ben Horowitz, partner in the high-profile VC outfit he helms with Marc Andreessen, said enough was enough related to the intense media and other machinations, which have included talks to be acquired by Yahoo, around the deal. “We withdrew our funding offer to Foursquare and we are out,” said Horowitz in an interview with BoomTown. “This is playing out too much in public and clearly someone has an interesting agenda here, so this is not something we want to participate in.” In addition–after making an offer three weeks ago at valuations lower than have been reported, though he would not specify the exact number–Horowitz said he felt the company had conducted a “process that is very long and undefined.”

The board turned that offer down flat, according to sources at both Foursquare and Yahoo. Yahoo Considers Buying Foursquare For ~$100 Million. Andreessen Horowitz To Win The Foursquare Investor Badge. A months long fundraising process for Foursquare is in its last stages, we’ve heard from multiple sources, and Andreessen Horowitz looks to be preparing to check-in to Foursquare to take an investor badge.

Andreessen Horowitz To Win The Foursquare Investor Badge

The company has delayed committing to new venture capital as they considered buyout offers – negotiations went deep with both Yahoo and Facebook, and possibly Microsoft. The Yahoo discussions ended weeks ago, and Facebook passed on an acquisition earlier this week, we’ve heard. That means the company is raising that big new round of financing. And a slew of venture capitalists, including Accel Partners, Andreessen Horowitz, Khosla Ventures, Redpoint Ventures, Spark Capital and First Round Capital were all rumored to competing heavily for inclusion despite the $80 million or so valuation, say our sources. Existing investors OATV and Union Square Ventures will also participate heavily in the new round, we’ve heard. Foursquare Poised to Get New VC Funding From Andreessen Horowitz.

According to numerous sources close to the situation, Foursquare is in the final stages of striking a funding deal with the very venture firm–Andreessen Horowitz–that had publicly dissed the hot social location site and walked away from earlier talks.

Foursquare Poised to Get New VC Funding From Andreessen Horowitz

The deal is likely to be completed and announced by early next week, at a valuation of about $80 million, barring unusual hiccups. “Light at the end of a very long and very twisty tunnel,” joked one source familiar with the situation. Indeed, the wrapping-up of what has been a very convoluted funding process comes after a series of missteps and switchbacks over what’s next for the start-up, which allows users to “check in” from various places. The last curve came with serious talks for Foursquare to be acquired by Facebook, which came very close to happening–“one inch to the end zone,” as one person close to the situation described it. But those discussions broke off largely due to price, strategy and control issues, sources said.