Call it a chop. The founders will stay as long as they need to vest and move on to something else bigger and better. An exit is still an exit and that's enough

Call it a chop. The founders will stay as long as they need to vest and move on to something else bigger and better. An exit is still an exit and that's enough cachet to get funding for another project. What's more interesting to me is whether Yelp wanted in on the action. As they move towards more discretionary data and including menu information while letting people review individual menu items this would have been a no brainer for $10MM. That's the real buried lede. Something's up, either Yelp fumbled or Foodspotting as a concept and database just wasn't valuable at all. But "tech journalism" being "tech journalism" we just get reblogged PR puffs. The gossipy comments were more interesting than the article itself.