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>> KEITH RABOIS Latest News

APR 11, 2013 - Betabeat

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Foursquare Dodges a Potential Down Round, Grabs $41M In Loans and Convertible Debt

(Photo: Sound Ctrl) Everyone, it seems, has an opinion about Foursquare, the New York-based check-in and recommendations app that was the breakout darling of SXSW 2009. Former Square COO Keith Rabois recently engaged in a very public dustup with Foursquare founder Dennis Crowley on Twitter, tweeting that only a "Hail Mary Bebo-style acquisition will bail you out." In January, data and research company PrivCo predicted that the startup will fail by the end of the year, eventually surrendering to an acquisition price of no more than $50 million (though the analysis didn't account for mobile ... Read More

Tags: Foursquare Dodges a Potential Down Round, Grabs $41M In Loans and Convertible Debt,  Keith Rabois Latest News