Inside money, markets, and Big Tech

This article was published on October 9, 2009


Foursquare Announces All Star Line up of Angel Investors

Foursquare Announces All Star Line up of Angel Investors
Zee
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Zee

Former CEO of The Next Web. A fan of startups, entrepreneurship, getting things done faster, penning the occasional blog post, taking photos Former CEO of The Next Web. A fan of startups, entrepreneurship, getting things done faster, penning the occasional blog post, taking photos, designing, listening to good music and making lurrrve.

Picture 3Last month, location based mobile game announced they had raised funding equal to $1.35 million. $200,000 of that funding came from angel investors, one confirmed as being Digg’s Kevin Rose.

Today, clearly proud, Foursquare announce their full roster of all star investors:

Jack Dorsey, creator of Twitter.

Kevin Rose, founder of Digg.

Joshua Schachter, founder of Delicious.

Alex Rainert, co-founder of Dodgeball.

SV Angels LLC, The angel group founded and backed by Ron Conway.

Chad Stoller, NYC branding/advertising/interactive executive

Sergio Salvatore, long-time music / technology entrepreneur.

We weren’t lying when we said “All Stars”.

Twitter and Foursquare also already have an investor in common: Union Square Ventures  who provided the lions share of Foursquare’s first round of funding. Union Square participated in Twitter’s Series A and B rounds but sat out on the most recent one.

Foursquare only yesterday launched in London, after having only been in the US and Amsterdam. France and other European cities are reportedly to launch soon. Immediate competitors Gowalla, need to announce something big soon or the company are going to be soon forgotten, irrespective of how elegant their take on the game is.