Besting Twitter

Well, Dennis Crowley, CEO of Foursquare (a mobile check-in service), is on the venture circuit traveling to the Silicon Valley and Boston. Foursquare is poised to reach more than 1 milllion users faster than Twitter. With the recent news of tool designed to provide real-time data to businesses, Mark Zuckerberg beware.

What does this mean? It could potentially mean a valuation of $80-$100 million.

http://www.businessinsider.com/foursquare-dennis-crowley-2010-04

Foursquare Helping Businesses?

Fourquare, a location-based social network, provides new tools for businesses to better track customers.   So far 30 businesses are testing the real-time data and will quickly be rolled out to 900 businesses.  The data will provide businesses with an opportunity to customize customer promotions.

http://bits.blogs.nytimes.com/2010/03/09/foursquare-introduces-new-tools-for-businesses/?ref=smallbusiness

Foursquare users have the option to keep their information private.  Will you opt-in or opt-out?

Great Development Shop

Congratulations to Jason Tye and his team at Doublejump Interactive for the launch of their new site. www.doublejumpinteractive.com