Sad that this was deck was leaked on ValleyWag on Monday, but because Gawker is blacklisted from HN, it didn't make the front page until a crappy re-blog from BusinessInsider came out.
I think HN is way too aggressive in banning domains (or at least not transparent enough about which are banned and why).
Because Buzzfeed is (apparently) banned, the link was autokilled as soon as I hit submit.
I really don't mind that HN is curated--that's part of what makes it so good. But the lack of transparency seems almost like they are saying "Don't worry, just trust us, we know what's best for you."
It was bound to happen and showing targeted ads when people check-in is a no brainer. The issue Foursquare has is retaining the user base. I was an avid user for the better part of a year and then it just got tiring, it became a chore to check-in places and Facebook already had a similar feature. The badges aspect is cool, but the badges mean nothing and most of my friends stopped using Foursquare after a couple of months so there was no one to brag to and another issue is that people would cheat check-ins. I was competing for a local store that I would visit every morning and caught someone out checking in to the store when it wasn't even open and no, they didn't work there.
Does Foursquare still have a large user-base left to monetise?
Is Foursquare really only bringing in $2M a year? Is that revenue or profit? Either way that's not a lot for a company that I'd consider to be in the "Big 7" of social networks (FB, Twitter, G+, Instagram, Tumblr, Pinterest, and Foursquare). I mean that's certainly a lot of money in absolute terms but FB is bringing in billions a quarter. Also I've been to Foursquare's office in NYC and it's very, very nice. I would have a hard time believing a company barely getting by would invest in a place like that.
[+] [-] coloneltcb|13 years ago|reply
I think HN is way too aggressive in banning domains (or at least not transparent enough about which are banned and why).
For instance, I submitted this really interesting piece today on Buzzfeed's FWD tech vertical: http://www.buzzfeed.com/joshmiller/fwdus-breaks-its-first-pr...
Because Buzzfeed is (apparently) banned, the link was autokilled as soon as I hit submit.
I really don't mind that HN is curated--that's part of what makes it so good. But the lack of transparency seems almost like they are saying "Don't worry, just trust us, we know what's best for you."
[+] [-] sneak|13 years ago|reply
[+] [-] jebeng|13 years ago|reply
[+] [-] DigitalSea|13 years ago|reply
Does Foursquare still have a large user-base left to monetise?
[+] [-] hkmurakami|13 years ago|reply
Also, their reputation for having the best "what's good to eat here" feature quality in a really strong weapon to have.
[+] [-] unknown|13 years ago|reply
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[+] [-] habosa|13 years ago|reply
Maybe that's a misquoted figure?
[+] [-] unknown|13 years ago|reply
[deleted]
[+] [-] clobber|13 years ago|reply
Surprise, surprise. Startup burning through venture capital while actual 'revenue' is smoke and mirrors. We've seen this movie before.
[+] [-] InclinedPlane|13 years ago|reply