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Inside the Hive

Would You Turn Down $125 Million From Zuck?

Inside the Hive

Vanity Fair

News

4.21.5K Ratings

🗓️ 9 March 2018

⏱️ 76 minutes

🧾️ Download transcript

Summary

One minute, Dennis Crowley, the co-founder of Foursquare, was building a little app in a New York City coffee shop, and the next he was being wined and dined by every VC in Silicon Valley, being offered hundreds of millions of dollars for his young startup, and seeing the valuation of his company head towards a billion dollars. Crowley takes us through the tumultuous, breakneck, insane ride of running a startup. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

John Kelly are you there.

0:05.0

Hey Nick here I am.

0:07.0

Hi everyone it's your host Nick Milton and we are on inside the hive. I decided this week you know what I'm so

0:15.9

sick of Donald Trump we're gonna go talk about something way more fun and who's

0:22.0

some yeah and maybe maybe even richer I went to Silicon Valley and spent

0:26.5

time with someone who who's been doing this for a long long time in the tech world

0:31.0

and before I tell you who it is I want to ask you a question.

0:35.0

If I if you started a little startup in a coffee shop one day and a couple years later

0:39.8

Facebook came along and said hey you know what know what, your startup's pretty cool.

0:43.2

I want to offer you $100 million for it.

0:45.6

What would you say?

0:47.5

Yes.

0:48.8

Okay.

0:49.8

Yes.

0:51.8

Yes. That's it's followed by now.

0:53.8

Well, the person that I sat down with this week,

0:57.7

Dennis Crowley, who started Four Square,

1:01.1

also a company called Dodgeball,

1:02.6

which he sold to Google many years earlier,

1:04.4

not for $100 million, had that exact encounter

1:08.2

with Facebook and Yahoo, and I almost called them

1:11.0

you-hoo there.

...

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