Foursquare Co-Founder Naveen Selvadurai Leaving
Foursquare co-founder Naveen Selvadurai is leaving the company, three years after launching the check-in service. Sevaldurai says he’s “not sure about my exact next steps” but will remain on the company’s board. Foursquare investor Spark Capital is reportedly buying employee stock, and Selvadurai and co-founder Dennis Crowley have previously sold shares in an earlier funding round. Gigaom’s Om Malik reported Selvadurai’s departure earlier.