You have to wonder whether all of this press is just a plug for an exit? Additionally, how does the board of directors at Foursquare let this last for 8 years?

You have to wonder whether all of this press is just a plug for an exit? Additionally, how does the board of directors at Foursquare let this last for 8 years? They raised a down round last year at a ~$300 million valuation and are "aiming" to get to a $100 million to reach profitability (8 years later).