Number of Portfolio Companies 3
Number of Founded Organizations 2
  • Primary Job Title Co-Founder, CEO
  • Primary Organization 
    Read AI
  • Investor Type  Individual/Angel

As CEO of Foursquare, David Shim is responsible for driving the company mission and vision as the world's most trusted and independent location technology platform.

David joined Foursquare in June 2019 as president of the company. Prior to joining Foursquare, David was the Founder and CEO of Placed, the leader in ad to in-store attribution.

Founded in 2011, Placed worked with 430+ partners enabling over 500 advertisers to measure media's impact on store visits. Placed was acquired by Snapchat in 2017 and Foursquare in 2019.

David has also held leadership roles across product and operations at Farecast (acquired by Microsoft), WebTrends, Quantcast, and Snapchat.

Number of Investments 4
David Shim has made 4 investments. Their latest investment was Seed Round - Hola Cash on May 23, 2021, when Hola Cash raised
$4.6M
.
Announced Date  
Organization Name  
Lead Investor  
Funding Round  
Money Raised  
May 23, 2021
Hola Cash
Seed Round - Hola Cash
$4.6M
Feb 11, 2021
SparkPlug
Seed Round - SparkPlug
$2.5M
Aug 3, 2020
MikMak
No
Series A - MikMak
$10M
Feb 26, 2020
Hola Cash
Seed Round - Hola Cash
$3M
Number of Current Jobs 1
Number of Past Jobs 5
David Shim is the Co-Founder, CEO at Read AI. Additionally, David Shim has had 5 past jobs including Chief Executive Officer at Foursquare.
Organization Name  
Title At Company  
Start Date  
End Date  
Foursquare
Chief Executive OfficerNov 2019Dec 2020
Placed
Founder and CEOFeb 2011Jun 2019
Quantcast
Director, Product and OperationsNov 1, 20092011
Webtrends
Director, Digital Marketing ServicesJun 2007Apr 2008
Farecast
Director, Digital MarketingAug 2005Jun 2007
Number of News Articles 78
FundNov 30, 2022
Achmad Zaky raised a new fund: Iterative Fund II ($55,000,000)
Funding RoundMay 23, 2021
Hola Cash raised $4,600,000 / Seed from David Shim and 5 other investors
Funding RoundFeb 11, 2021
SparkPlug raised $2,500,000 / Seed from Argonautic Ventures and 6 other investors
NewsNov 5, 2020
WSJ Pro - Venture Capital — Foursquare CEO David Shim Steps Down
Funding RoundAug 3, 2020
MikMak raised $10,000,000 / Series A from Brave Ventures and 9 other investors
NewsApr 6, 2020
Funding RoundFeb 26, 2020
Hola Cash raised $3,030,000 / Seed from Alumni Ventures and 6 other investors