Foursquare Has Big Plans

If you were watching The Today Show earlier this week, you might have heard a name dropped that sounded less familiar than other top sites such as Facebook, MySpace, and Twitter. That would be a company by the name of Foursquare. Foursquare is a location-based social networking site which helps you connect with friends via GPS. They’ve only raised $1.35M in venture funding, and don’t seem to be looking for any additional expansion capital as of yet. Foursquare was grouped amongst those social media giants during a part of the show that was describing a new part of NBC’s viewer interactive site called Fan It.

Dennis Crowley, the CEO of Foursquare, is very confident that his company is finally reaching their sweet spot. In an article I recently read, Dennis’ response to The Today Show feature was quite enthusiastic. “Foursquare is out of control,” Crowley says. “I didn’t even know Today Show was happening! We’re running like a well-oiled machine!” Their business growth strategies are finally paying off, and I’m sure you’ll be hearing more about this hot new social network in months to come.


Glenn Michael
Glenn Michael

Former Research Associate at OpenView Venture Partners, Glenn Michael is now the Founder of Key of G Clothing and the Director of Operations of Studio 52.
You might also like ...
Startup News
From Bootstrapped to Category Leader: Lessons from Zapier's Founders

Zapier has come a long way since its founding in 2011. Learn how some of their earliest decisions as founders still hold up, even after years of growth and evolution.

by Wade Foster
Standing Out in a Sea of Enterprise Blue: How Asana Made Work Fun Again
Amanda Linden has been working on solving complex design problems for more than a decade. Over the course of her...
by OpenView
Startup News
Billion-Dollar Bet: The Real Reason Amazon and Google Wanted Twitch

To get the full story behind what made Twitch such a hot acquisition target, you have to go back to the launch of in 2007, the same year Netflix released its streaming video service to the world.

by Mackey Craven