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Some facts to think about: a) Marc Andreessen is on the board of Facebook. b) Facebook started working on this 8 months ago. c) Foursquare had turned down acqu
by jasonlbaptiste 16y ago
Some facts to think about:
a) Marc Andreessen is on the board of Facebook.
b) Facebook started working on this 8 months ago.
c) Foursquare had turned down acquisition offers from FB
d) Andreessen and Horowitz invested in Foursquare ~ 2 months ago.
Not saying that Andreessen wouldn't want to have a hedge going on, but if there were complete certainty that FB places would crush 4sq in his mind, they wouldn't have invested.
- dotcoma 16y agowhat if they invested precisely because they thought that Foursquare would get some extra "distribution" (and validation of what they're doing) via and thanks to Facebook?
- pedalpete 16y agoTrue. FourSquare is also still in a position where they can pivot. The facebook status updates didn't kill twitter, but I think twitter became more of marketing tool than a tool to communicate with friends. Maybe that's just me, but I think competing with FB forces a company to focus on where they can compete.
- spoiledtechie 16y agoOnly true techies use 4square anyway. How many people do you know that actually use it? And if you live on the west coast, don't raise your hand. I can also see this taking over Yelps as well. They have the same thing as 4square but probably not as popular.