Foursquare has responded to the departure of co-founder Naveen Selvadurai, which Selvadurai disclosed on his personal blog, with a statement of support for whatever he chooses to do in the future.
The move occurs three years after Foursquare officially launched at SXSW 2009. Selvaduri said that he and CEO Dennis Crowley had discussed the matter for some time, “and we decided that now, on this anniversary, it feels right to begin the transition.”
A post on Foursquare’s blog said, “Selvadurai hasn’t tipped what his future plans are, but he’s a talented, visionary individual, so you can be assured they’ll be impressive. We wish him the best in his future pursuits.”
Selvadurai had written that he will be seeking new entrepreneurial opportunities. According to both sources, will continue to work with Foursquare as a board member and advisor, while removing himself from the day to day operations.
GigaOm was the first to report on Selvadurai’s departure, after digging to learn from whom Foursquare investors were purchasing stock.
Citing unnamed sources, Business Insider reported the split was not entirely amicable, and that Selvadurai felt “pushed out” as the company evolved under Crowley’s leadership.
Business Insider – Co-Founder Naveen Selvadurai ‘Tried To Fight’ His Departure From Foursquare
Photo of Naveen Selvadurai by Flickr user Cambodia4Kidsorg, used under Creative Commons license