Slashdot Mirror

← Back to Stories (view on slashdot.org)

Foursquare Turns Down $100M

Posted by CmdrTaco on from the stop-telling-me-where-you-are dept.

theodp writes "Valleywag is stupefied that 'an annoying, unprofitable social network like Foursquare would turn down $100 million,' a move inspired in part by Twitter's 2008 rejection of a $500 million offer from Facebook, which in turn once rejected a $900 million bid from Yahoo. Time will tell whether the move by Foursquare was a prescient one, but it's certainly gutsy. After all, today's $850 million company can prove to be tomorrow's worthless one, right AOL?"

3 of 189 comments (clear)

  1. Re:WTF? by eldavojohn · · Score: 5, Funny

    Christ, I don't think I've ever even heard of these guys. They should have took the money & ran.

    Agreed. With that kind of money you could almost afford your own US Senator ... or US Representative at the least. With one of those they could start pushing their pro-Square agenda. For far too long the Mods and the Rockers have enjoyed an unquestioned two party system ...

    --
    My work here is dung.
  2. Re:WTF? by bFusion · · Score: 5, Funny

    I don't think Yahoo has any friends.

  3. Fuck Everything by jayhawk88 · · Score: 5, Funny

    We're going Fivesquare