Foursquare co-founder says equity holders received no return from company's final acquisition

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Foursquare, which raised $411 million in funding according to PitchBook data, did not deliver any returns to its equity holders from its final acquisition. A co-founder has publicly made this point about the outcome for shareholders. The article highlights the gap between the company's total capital raised and what its equity investors ultimately received. The report is based on the co-founder's remarks and PitchBook's funding figures.

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