Recode Decode: Dennis Crowley and Jeff Glueck, co-founder and CEO, Foursquare
Decoder with Nilay Patel
00:00
How to Sell a Company Like Four Squares
Driesin Horitz is our biggest investor. And I feel like it's a sacred trust because everyone who works at Four Square loves the products. We have 100,000 apps powered by the technology, but we didn't charge anyone. Now they're over 80% of the revenue of the business. Right. That's why raising 45 million was a real testament to this is working. It was a question. Like, hey, they're calling us billions of times a year. Maybe they could contribute something to our server bills. And so that got me excited.
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