With Mike Dudas: Foursquare will have a Slide-like exit. Winner gets dinner at the place of his choosing. Slide was purchased by Google for $182 million, a come down from the $500 million valuation at the last round. Because we don’t know full cap table with preferences, we’re ignoring those. If Foursquare does worse than Slide, I win. If Foursquare does better than Slide, Mike wins. (No expiration, bet continues until Foursquare has an exit.)
With Alex Lawrence: Foursquare will exit for $1 billion or more by March 23, 2015. If Foursquare hits that target, Alex wins. If Foursquare sells for less, folds before that date or doesn’t exit by that date, I win. Winner gets a donation of $500 to the charity of his choice.
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