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Comment on Foursquare: An Ads Business With a Dying Product Hook

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> Check-ins are moving to Facebook, Path, etc., so now Foursquare is left with local promotions but no core utility for the user.

Is this anecdotal or based on data?

According to Foursquare's co-founder Dennis Crowley, as quoted by TechCrunch, the service saw 5 million checkins per day as of Feb. 2013. But that was the same as per-day checkins as the previous year. Flat growth to me, especially in their space.

The rest, and a fairly critical piece of my statement, about checkins moving to Facebook and Path I admit wholeheartedly was anecdotal and speculative.

http://techcrunch.com/2013/04/11/foursquares-new-series-d-ro...

http://techcrunch.com/2013/03/16/interview-dennis-crowley-of...

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