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Foursquare Faces Valuation Doubts

Foursquare

Foursquare is having troubles convincing investors that its valuation shouldn't shrink, a sign of a cooling toward social media startups in the wake of Facebook's messy initial public offering.

 

Facebook, Twitter and Foursquare as Corporate Focus Groups

Some companies are leaning on social media like Facebook, Twitter and Foursquare for advice on what products to bring to market.

 

Celebrity-stalking Site JustSpotted Just Got Spurned by Twitter

JustSpotted plans to sift through people’s tweets to identify those that claim celebrity spottings, and then to place those celebrities’ whereabouts on a map in real time. It would be similar to the now-defunct GawkerStalker, but it would be faster. (It’s not a novel idea. Last year, start-up OMGICU proposed to do the same thing, supported by text messaging and tweets, except its service requires active user participation rather than data-mining the whole Twitter community like JustSpotted will do.)

 

So Now Facebook Has Check-Ins — What About Twitter?

At an event on Wednesday, Facebook unveiled Places, their new location element that allows users to check-in to venues. Obviously, this mimics the core feature of smaller startups like Foursquare, Gowalla, Loopt, and dozens of others. The move of the big boys into this space was inevitable, but it is somewhat surprising that it has taken this long.

Senh: I’m glad that I currently don’t get too many check-in’s on my twitter stream. I don’t find them useful at all. I use Facebook to keep in touch with people, and Twitter as pretty much an RSS reader and marketing tool. It makes more sense on Facebook, but not really on Twitter. Still, now that Facebook is doing check-ins, I doubt Twitter will be waiting too long to launch theirs.

 

Facebook "Places" lets users track friends and services

Facebook

Facebook's 500 million-plus users will soon be able to track friends' whereabouts across the United States, as the world's largest Internet social network adds technology to increasingly tie its virtual world to everyday life.

Senh: These geolocation check-in sites/apps have been growing in popularity. I've seen a couple on my Twitter account. Still, I'm hesitant about using it. It's starting to get creepy. It's also beginning to be like The Matrix where everyone starts interacting in the virtual world instead of the REAL world with these virtual places.

 

Why Facebook And Booyah Could Burst Foursquare's Location Bubble

Why Facebook And Booyah Could Burst Foursquare's Location Bubble

Booyah's MyTown game shows that location isn't everything.

 

Facebook's Foursquare competitor is imminent

Facebook's Foursquare competitor is imminent

The long-rumored geolocation "check-in" feature at Facebook is slated to debut within weeks, multiple sources familiar with the matter told CNET

Senh: Sure, go ahead. Twitter's already jumping into this geolocation stuff. I don't use Foursquare, so I don't know what the big deal is. I feel kinda creeped out by it. I always get these twitter messages from people who use it giving out the location. I really don't want people to know where I am, personally.

 

Apps, texting can improve your health

Apps, texting can improve your health

Before iPhones, Foursquare and Facebook, B.J. Fogg envisioned a mobile fitness device that coaches the user, tracks her location, and shows her friends also exercising at that time.

 

As Facebook Prepares To Launch “Places,” Foursquare Improves “Places” — Coincidence?

As we reported over the weekend, Facebook is gearing up to launch a new "Places" tab on (at least) the mobile version of its site. This new area is likely to contain a list of venues close to your current location that you can check-in to. Yes, it's basically what you do on Foursquare (and several other location-based services).

 

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