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>> FOURSQUARE Latest News

JAN 09, 2013 - Business Insider

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ANALYST: 'Foursquare Will Fail By The End Of 2013'

A new PrivCo report says Foursquare will fail by the end of 2013. According to PrivCo's sources, Foursquare is missing venture capitalist's projections, and even its own projections, quarter after quarter. PrivCo thinks investors will get tired of this and sell their shares by year-end for less money than they initially invested. Specifically, PrivCo thinks Foursquare will be acquired for less than $50 million by the end of 2013, significantly less than the $71.3 million investors have pumped into it. It's reasoning is this: Aside from missing quarterly projections, PrivCo says Foursquare ... Read More

Tags: ANALYST: 'Foursquare Will Fail By The End Of 2013',  Foursquare Latest News