Foursquare Labs CEO Dennis Crowley

Foursquare Labs CEO Dennis Crowley

David Paul Morris/Bloomberg

“Earlier in the year, people were more skeptical about our prospects because we weren’t able to prove all the things we had set out to do,” Foursquare Chief Executive Officer Dennis Crowley said in an interview. “The big difference is we went from two revenue-generating products to six of them. One of those was a major technical achievement that people didn’t think it was possible to do.”