Foursquare Looks Into An Fourth Round At An Over $700M Valuation, Investors Skeptical

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http://techcrunch.com – Foursquare has been taking VC meetings recently, looking into raising a Series D round of funding of between $50 million and $100 million according to multiple sources. In previous rounds, the company has brought in over $71.4 million in financing from Andreessen Horowitz, Spark Capital, Union Square Ventures and others. From what we’re hearing the company seeks to flesh out this round at a pre-money valuation of between $700 million and $800 million, and that number has a few VC shops skeptical due to its growth trends, which have not gotten more inspiring after the company’s rec (IT news)