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 We’re hearing from a lot of chatter that Foursquare is in the process of raising a new fundraising round that will be a down round. The exact dollar value of what the company is raising, as well as the exact valuation of the round, couldn’t be learned but either way the company is looking at another haircut to its valuation. One source tells us that Microsoft, which participated in… Read More

from TechCrunch » Startups http://ift.tt/1TdGIBm