Foursquare CEO Crowley On Fundraising: “You Don’t Have To Rush Through It” (Video)
On Friday, I dropped by Foursquare HQ in New York City. They showed me some stickers, and I got to sit down for a few minutes with CEO Dennis Crowley. In the video interview above, he describes his fundraising philosophy (at about the 4:00 mark), which is timely coming from the founder of a hot startup everybody wants to invest in or acquire:
You don’t have to rush through it. If you are building interesting things that people are excited about there is a way to make things work on your terms. It is important to select the partners that will support you and take the time to find the right partners.
Crowley also talks about Foursquare’s plans to give local merchants and brands more self-serve options for managing their venues and offers. “The sooner we can get those self-service systems in place, the better it will be for revenue.” He says that for businesses, Foursquare is building two different products: one for local shops, and another for national brands and media companies.
Check also related entries:
- What Should Mashable Ask Foursquare CEO Dennis Crowley?
- Wired UK Crowns Foursquare King, But The Local Peasants Revolt
- (Founder Stories) Foursquare’s Dennis Crowley: “Stop Sketching, Start Building”
- Foursquare in Talks with Major Search Engines [REPORT]
- Will Foursquare Hit One Million Members on Foursquare Day?