Foursquare valuations near billion Yahoo or will abandon acquisitions

According to foreign media reports, Foursquare in the last one months, the search for financing process is almost over. A number of sources said that the VC company Andreessen Horowitz will provide a new round of financing for Foursquare. The venture company's valuation of Foursquare is about $80 million trillion.

Foursquare has postponed a new round of financing since considering the sale of the company. There have been reports of Foursquare talks with Yahoo, Facebook and even Microsoft. But Yahoo has abandoned acquisitions a few weeks ago, and the talks between Facebook and Foursquare ended earlier this week.

This means that Foursquare will need to be financed. It is rumored that multiple tradition investment companies, including Accel, Andreessen Horowitz, Khosla Ventures, Redpoint Ventures, Spark Capital and the A-Round Capital is interested in investing in Foursquare, and VC companies are valuing Foursquare at $80 million trillion.

Andreessen Horowitz has become Foursquare's final choice. A few weeks ago, it was reported that Andreessen Horowitz planned to withdraw from the competition to provide financing to Foursquare because much of the information in the process had been disclosed to the media. Andreessen Horowitz won the competition mainly because its founding partner, Anderson (Marc Andreessen), is a Facebook board member, and Facebook is the Foursquare's main partner and competitor.

Sources say Foursquare's current investor OATV and union Square Ventures will also be heavily involved in the company's new round of financing. At the same time, they are likely to have provided additional capital to Foursquare. It is unclear whether the final terms of Foursquare's new round of financing have been finalized and how much money each tradition investment company will invest separately.