Foursquare resorts to debt in latest financing

By Alistair Barr and Sarah McBride SAN FRANCISCO (Reuters) - Foursquare, a service that helps smartphone users find nearby restaurants, shopping venues, clubs and tourist attractions, said on Thursday it raised $41 million in a new financing round that relied on debt, rather than equity, to give the start-up the money it needs to keep expanding. ...



via Tech News Headlines - Yahoo! News http://news.yahoo.com/foursquare-resorts-debt-latest-financing-201407820--sector.html