5 Reasons #Foursquare Is Losing The #Social #Local #Mobile Revolution http://t.co/zMynaMcjYR
April 22, 2013
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5 Reasons Foursquare Is Losing The Social Local Mobile Revolution
Foursquare has been the darling of the burgeoning " SoLoMo"(social-local-mobile) revolution ever since the company burst onto the scene at South by Southwest (SXSW) in 2009. The company's financial fortunes, however, have not been so sweet. According to BusinessWeek, Foursquare brought in a paltry $2 million in revenue for all of 2012.
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