Foursquare Execs Made $4.6M As Part Of Series B Round

The executives at Foursquare took home about $4.64 million as part of payments to “any of the persons required to be named as executive officers, directors, or promoters.” The $4.64 million was part of the $20 million Series B reported within the last month. The take-home payment was reported in the funding SEC filing. The rest of the $15.4 million will be used for company growth. [BusinessInsider]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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