Dennis Crowley, the co-founder of Foursquare, is a prominent name in the tech industry. His entrepreneurial journey has not only shaped the world of social networking but has also significantly contributed to his financial success.
Understanding Dennis Crowley net worth is key to examining how his innovative ventures, including Foursquare, impacted his wealth. As a representative of WorldofCeos, I’ll dive into his impressive career, how Foursquare helped build his fortune, and what’s behind his financial success. Let’s explore how Crowley became one of the most notable figures in tech and how his company continues to influence the industry.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Dennis Crowley |
| Popular Name | Dennis Crowley |
| Gender | Male |
| Birth Date | June 19, 1976 |
| Age | 48 (as of 2024) |
| Parents | Mary Moraski Crowley, Dennis P. Crowley |
| Siblings | N/A |
| Birthplace | Medway, Massachusetts, USA |
| Nationality | American |
| Ethnicity | N/A |
| Education | Syracuse University, New York University |
| Marital Status | Married |
| Spouse | Chelsa Lynn Skees |
| Children | N/A |
| Dating | N/A |
| Net Worth | $30 million (as of 2024) |
| Source of Wealth | Co-founder of Dodgeball, Foursquare |
| Height | N/A |
What is the Net Worth of Dennis Crowley in 2024?
Dennis Crowley’s net worth in 2024 is estimated to be $30 million. His wealth stems from his ventures like Dodgeball and Foursquare, which have left an indelible mark on the social networking space. Comparatively, other influential figures and companies in similar industries, including the tech and startup world, have seen their fortunes grow due to smart innovations and acquisitions. Below are a few names in tech that Crowley has interacted with or been associated with:
- Foursquare
- Naveen Selvadurai
- MTV
- Syracuse University
- Kingston Stockade FC
- Fortune Magazine
- Vanity Fair
- MIT Technology Review
- Crain’s New York Business
You can find more information on the wealth of top tech leaders by visiting our page on the most successful CEOs.
Salary and Finance Overview
His Career in Tech and Business
Dennis Crowley’s career began long before Foursquare became a household name. He first co-founded Dodgeball, a location-based social networking site, while still a student at New York University. This early venture was pivotal in shaping his career. When Google acquired Dodgeball in 2005, it not only marked his first significant financial success but also positioned him as a key player in the tech industry.
However, Google’s abandonment of the project in 2007 led Crowley to explore new opportunities. This failure didn’t deter him but rather fueled his ambition, leading to the co-founding of Foursquare in 2009. This decision transformed his financial outlook, and Foursquare soon became a leading social networking site, with millions of users.
The Role of Foursquare in His Financial Success
The cornerstone of Dennis Crowley’s net worth lies in Foursquare. After launching the platform, it quickly became a leader in location-based services. At its peak, Foursquare boasted over 50 million users per month, generating significant revenue through partnerships and enterprise offerings.
Although he stepped down as CEO in 2016, Crowley’s role as Executive Chairman allowed him to remain involved in the company’s strategic decisions, ensuring the platform continued to thrive. His financial success is largely due to Foursquare’s innovative business model, which combined consumer engagement with enterprise solutions. This move proved lucrative, allowing Crowley to capitalize on multiple revenue streams.
Other Ventures and Investments
Beyond Foursquare, Crowley has also expanded his business portfolio. He is the founder of Kingston Stockade FC, a semi-professional soccer team. While not as financially impactful as Foursquare, it demonstrates his ability to diversify and invest in other ventures.
Additionally, his earlier career roles at Google and MTV not only contributed to his skills but also provided a steady income that supplemented his entrepreneurial ventures. Crowley’s work in the startup ecosystem and his involvement in advisory roles have further strengthened his financial standing.
His Educational Background’s Contribution to Success
Education has played a significant role in Crowley’s journey. His time at Syracuse University and New York University helped shape his technical expertise and provided him with the network to develop Dodgeball. The connections and mentorships he fostered during his academic years became invaluable as he built his career.
Awards and Recognition That Boosted His Career
Crowley’s achievements have not gone unnoticed. He was listed in Fortune Magazine’s “40 Under 40” in 2010 and 2011, a testament to his influence in the tech world. His inclusion on the MIT Technology Review TR35 innovators list also highlighted his contributions to technology. These accolades not only boosted his reputation but also opened doors to further opportunities, contributing to his overall success.
FAQs About Dennis Crowley
What companies has he founded?
He is the co-founder of Dodgeball and Foursquare, two influential social networking platforms.
How did Foursquare contribute to his success?
Foursquare’s popularity and revenue streams significantly increased his net worth and established him as a key figure in tech.
What is his educational background?
He earned a B.A. from Syracuse University and a master’s degree from New York University.
Is he married?
Yes, he is married to Chelsa Lynn Skees.
What awards has he received?
He has been listed on Fortune Magazine’s “40 Under 40” and the MIT Technology Review TR35.
Has he been involved in any controversies?
Yes, in 2014, he was involved in a controversy for creating a fraudulent Boston Marathon bib for his wife.
What is his role at Foursquare now?
He currently serves as Executive Chairman of Foursquare.
What other ventures is he involved in?
He founded Kingston Stockade FC, a semi-professional soccer team.
Conclusion
Dennis Crowley’s career is a testament to innovation, persistence, and entrepreneurial vision. His contributions to the tech world have solidified his place among influential figures in business. Explore more at worldofceos and join the conversation by leaving your thoughts or sharing this article with others.
