FourSquare Funding Battle: And Then There Were Three...
Last week, TechCrunch reported that four VC firms were "fighting furiously to be the lead investor in FourSquare's next venture round." That story remains mostly accurate today, except that the four is now a three. peHUB has learned that Redpoint Ventures is no longer in the running to lead what Arrington referred to as a $10 million round with a pre-money valuation of between $60 million and $70 million (which my source calls "spooky accurate"). The remaining trio includes Accel Partners, Andreessen Horowitz and Khosla Ventures.
29 March 2010•2 mins read
