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- Foursquare gets a new CEO, raises $45 million more to stay afloat
Posted by : Brij Bhushan
Thursday 14 January 2016
Foursquare, the service that helps you find great places to visit, has announced today that its CEO and founder, Dennis Crowley is stepping down today. According to Fortune, Crowley is stepping down and handing the reigns of the company to COO Jeff Glueck, as the company has struggled to become profitable. Crowley will stay on as Executive Chairman full time, but won’t run the company anymore. Over the years Foursquare has had a rough road. In 2009 it was the most hyped new app, but saw little success keeping users checking in at places they visited over the years, eventually…
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