It will be a huge loss (not monetary) for a lot of people if foursquare closed the shop. Their database is pretty much unbeatable when you want to search for m

It will be a huge loss (not monetary) for a lot of people if foursquare closed the shop. Their database is pretty much unbeatable when you want to search for meaningful places - a.k.a places people actually go to. In addition, that database can be used for accurate analysis of different vectors, like product sales predictions[1]. It really seems like they waited too long to monetize, and unfortunately decided to go all-in on the social & gamified route. The problem is that even some Xcorp buys them, it's only a matter of (short) time until all that data will be practically stale, and getting people into the check-in frenzy will be difficult. EDIT: With that being said, I'm glad they're at least taking a down-round since it means them, and investors, actually believe they can turn things around. [1] https://medium.com/foursquare-direct/right-on-target-foursquare-accurately-predicts-iphone-sales-4140c450a396 https://medium.com/foursquare-direct/right-on-target-foursqu...