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Foursquare's Rise and Fall: From 20 Million Users to $0 for Shareholders

Oct 21, 2026

Foursquare grew from 1 million to 20 million users between 2010 and 2012 and was valued at a reported $650 million in 2013. Check-ins kept adding up, but more slowly: about 3 billion in about a year to September 2016, about 2 billion in the six years after 2020. In September 2026 Infillion agreed to buy the company for an undisclosed price, and co-founder Dennis Crowley says shareholders got $0.

Cover: Foursquare, a reported $650M valuation in 2013, then $0 for shareholders in the 2026 sale, per Dennis CrowleyRead the storyFoursquare's rise and fall: a reported $650M, then $0 for shareholders

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