Navveen Selvadurai, one of the co-founders of check-in service Foursquare, has announced he is stepping down from his role at the company to focus on other projects.
Selvadurai, who founded the service with Dennis Crowley, explained in a blog post that it was the right time to leave the company having worked on the site since it was first unveiled at the SXSW festival in Austin, Texas in 2009.
"After three years, I feel I've done all I can do and I'm moving on. [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 said in a blog post.
"So this will be my last month working at Foursquare. Over the course of the next few weeks, I'm going to be taking a step back as my final projects near their release."
Prior to joining Foursquare, Selvadurai worked as a software architect at start-up Sociallight and at Sony Music Entertainment.
Selvadurai said he will remain connected to Foursquare as both a member of its board and in an advisory role, but he now intends to look for new opportunities, without specifying any projects.
Foursquare now boasts some 15 million members and is steadily growing, although faces increasing competition from sites like Facebook that are incorporating their own check-in style features, in a bid gather more location data on users and help firms try and engage with customers online.
V3 spoke with Selvadurai in 2011 to discuss how the web has helped change the world. He said its ability to let anyone take an idea for a business, like Foursquare, to a potential global audience was its greatest achievement.
"I think the greatest thing is that it's stayed independent (and hopefully will continue to do so): no one entity 'owns' the web. This allows anyone (the exception being countries that block the web) to create content and publish it for others to see," he said at the time.
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