Mayor Bloomberg Honors Foursquare with Made in NY Award

Mayor Michael R. Bloomberg honors Foursquare founders and other notable New Yorkers at Gracie Mansion.Dennis Crowley and his co-founder Naveen Selvadurai were among six "Made in NY" award winners honored by Mayor Bloomberg for their vital contributions to the city's entertainment and new media industries. The social media wunderkinds were in good company, with the […]

Mayor Michael R. Bloomberg honors Foursquare founders and other notable New Yorkers at Gracie Mansion.

Dennis Crowley and his co-founder Naveen Selvadurai were among six "Made in NY" award winners honored by Mayor Bloomberg for their vital contributions to the city's entertainment and new media industries. The social media wunderkinds were in good company, with the likes of Laura Zalaznick, the Chairman of NBC Universal Entertainment and Digital Networks; actor Matt Damon; and Sidney Lumet, director of "12 Angry Men."

Foursquare isn't based in Silicon Valley. The company was actually made in New York. Little known fact: The idea for the location services start-up was hatched in an apartment in the East Village, to be exact.

"People ask us why we started a tech company in New York, and we say, "why wouldn't we?","said Dennis Crowley, cofounder of Foursquare, at the Made in NY awards this week. "Foursquare was designed for dense urban areas. The stuff we build [in New York] is better because we build it here."

Mr. Bloomberg told the audience that "12 Angry Men" is one of the eight movies he had on his iPad, and the only "serious" one.

(Among the others, he listed "Animal House," "The Blues Brothers" and "The Producers.")

[Via: NYT, Yahoo Advertising blog]