Foursquare Labs Inc. is in talks with multiple large technology companies about a potential strategic investment, according to people with knowledge of the discussions.
The social-media company, which lets users check in to show they’re visiting a location, is also negotiating with venture capitalists who own convertible debt about turning their holdings into equity, said the people, who asked not to be identified because the information isn’t public.
Read this article on Mashable.com.
