Foursquare Acquisition Leaves Equity Holders With $0 Payout

Startups8 hours ago

Foursquare co-founder @dens revealed that the location-based service provider changed ownership in September. The deal resulted in a $0 payout for equity holders, an outcome @dens blamed on decisions made by management installed at the company in 2021.

The post, intended to honor the staff who maintained the company's legacy, described the final years as a period of grieving. @dens wrote the account to find closure after the transaction, which he characterized as a disappointing conclusion for the firm's stakeholders.

Mapped to your portfolio

Possible scenarios

42%LiveRamp Deal Closes+0.0%
23%Creditor Litigation Proceeds0.0%
20%Location Data Retrenchment-0.1%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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Foursquare Acquisition Leaves Equity Holders With $0 Payout

In this story

Foursquare (company)Dennis Crowley

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

42%LiveRamp Deal Closes+0.0%
23%Creditor Litigation Proceeds0.0%
20%Location Data Retrenchment-0.1%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.