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"Foursquare co-founder Naveen Selvadurai announced on Sunday that he is leaving the company.\n\"I\u2019ve done all I can do and I\u2019m moving on,\" Selvadurai wrote in a post on his personal blog.\nHe said that the company's third anniversary seemed like a good time to leave. \"[Fellow co-founder] Dennis [Crowley] and I have been discussing timing for a while, and we decided that now, on this anniversary, it feels right to begin the transition,\" he wrote. \"So this will be my last month working at Foursquare. Over the course of the next few weeks, I\u2019m going to be taking a step back as my final projects near their release. \"\nThat doesn't mean that Selvadurai will be disconnected from the company. He further explained that he plans to stay on the company's board. \"I\u2019ll still be advising, and I\u2019m obviously going to be the single most vocal user.\"\nSelvadurai wrote that he wasn't sure what he'll do next. \"The spring is time for things that are new, and I realize that I have a desire to do something new as well. I'm not sure about my exact next steps, but I\u2019ll probably get back to what I love most \u2013 being an entrepreneur, learning and building new things.\"\nA Foursquare rep offered the following statement about Selvadurai's departure: \n\"When Naveen and Dennis launched Foursquare at SXSW 2009, they had a few hundred beta testers. Now, as we approach our third birthday, we have a community of over 15 million that has checked in over 1.5 billion times. This wouldn\u2019t have been possible without Naveen\u2019s creativity, vision, and tireless work. We\u2019re sad to see him go, but excited to see what he builds next. We can\u2019t thank him enough for everything he\u2019s done to make Foursquare what it is today.\"\nWhile Selvadurai was fairly vague about his exact reasons for leaving, it's not unusual for a co-founder to scale back his or her involvement after a few years. Twitter's Biz Stone, for instance, announced a similar transition last June, which came after the company's other co-founders, Evan Williams and Jack Dorsey, also rolled back their involvement with Twitter. Reid Hoffman stepped down as CEO of LinkedIn in 2007 after co-founding the company in 2002.\nImage courtesy of Flickr, dantegeek"^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2012/03/05/naveen-selvadurai-leaves-foursquare/>