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By dotCore
via fastcompany.com
Submitted: Oct 14 2013 / 16:55

Last year, Foursquare was said to be on the verge of bankruptcy, unable to turn its social media star into a sustainable business. Since then, however, the startup has raised a $41 million round of financing; reportedly garnered equity interest from Microsoft and American Express; and made significant improvements to its mobile products. Now, the company is taking one of its biggest strides yet toward silencing its critics.
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