And Foursquare was great. But they shot themselves in the foot by trying to become Yelp and moving Foursquare into “Swarm”. Their problem was they couldn’t co

And Foursquare was great. But they shot themselves in the foot by trying to become Yelp and moving Foursquare into “Swarm”. Their problem was they couldn’t come up with a monetization strategy that was working and at the same time Yelp was raking in the valuations.