{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Programming Tech Brief By HackerNoon","title":"How the F*ck Could Foursquare Be Sold for $0?!?!?","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/a3823a39\"></iframe>","width":"100%","height":180,"duration":659,"description":"\n        This story was originally published on HackerNoon at: https://hackernoon.com/how-the-fck-could-foursquare-be-sold-for-$0.\nFoursquare raised $412M and sold to Infillion for $0 to every shareholder. Here's how debt and liquidation preferences zeroed out preferred and common.\nCheck more stories related to programming at: https://hackernoon.com/c/programming.\n            You can also check exclusive content about #foursquare, #infillion, #startup-exits, #liquidation-preference, #cap-table, #venture-capital, #acquisitions, #startup-funding,  and more.\nThis story was written by: @writedown. Learn more about this writer by checking @writedown's about page,\n            and for more stories, please visit hackernoon.com.\nInfillion bought Foursquare, and every share, preferred and common, was cancelled for nothing. A $412M capital stack of debt and preferences explains how a company once valued at $650M sold for $0 to equity.","thumbnail_url":"https://img.transistorcdn.com/KhCapPSRkLGL2Xw8888yuChkNRWthaKapLYTvNdu4W4/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzQxMTY2LzE2ODM1/ODIzMzAtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}