Naveen Selvadurai, foursquare co-founder leaving the company with a “desire to do something new”

News just in from the TheNextWeb, Naveen Selvadurai, foursquare co-founder leaving the company with a “desire to do something new”. foursquare was launched at SXSW 2009, that was three years back. Selvadurai founded the company with CEO Dennis Crowley.

Naveen wrote on his blog

three years ago this week, when dennis and i were putting the finishing touches on the vision for this company, we had a hundred or so beta testers who helped us reach the finish line. we went down to sxsw to tell the world about foursquare.

it’s hard to believe that now, three years later, instead of one hundred beta testers, the company has over a hundred incredibly talented employees helping us realize that vision. and they’re building amazing things.

in that time, i’ve worn a ton of hats: from product to engineering, from funding rounds to roadshows, from recruiting to evangelizing. but, after three years, i feel i’ve done all i can do and i’m moving on. dennis and i have been discussing timing for a while, and we decided that now, on this anniversary, it feels right to begin the transition. 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.

i’ve always been here for the company and i always will be. i look quietly around the office every once in a while as the team works (not. creepy. at. all.) and i can’t tell you how proud i am of everyone. we’ve brought together an incredibly special group  one that’s going to go down in history  and they’re going to keep making us all proud.

going forward, i’m going to continue to be connected to the company: i’m on the board, i’ll still be advising, and i’m obviously going to be the single most vocal user. but 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’ll probably get back to what i love most being an entrepreneur, learning and building new things.

three years ago, we took an idea and threw it into the world. i’m going to miss the crazy intensity that is foursquare, but am excited to see where it all goes from here.

We expect he will soon land elsewhere or start a new company himself.

 Don’t know if it’s a good idea or not, Entrepreneural path requires one to do so, however, if it’s your baby, you wouldn’t leave it right?  We’ve learnt that he will continue to work with the company as a board member and advisor, while removing himself from the day to day operations.
The DNetWorks wishes Naveen Selvadurai all the best for his future endeavor, having said everything, this is ONE.BOLD.STEP to take.

The DNetWorks Team