All the news and data seems to show that Foursquare peaked some time ago. Naveen one of the founders left; several pivots (remember that a pivot is done when things are not working out); well known employees leaving (Morgan Missen, Tristan Walker, and now Naveen's partner); declining use of the app; down round; etc. This company is now burning Series D cash raised on November, I guess there is no more fun and games here.