Friday, September 4, 2009

Foursquare

It was recently announced that Union Square Ventures and OATV led the investment in foursquare. My $0.02 on this investment:

Everybody loves the feeling of having expert knowledge about their favorite, local venues.  It’s the motivation behind reading restaurant reviews before entering a restaurant to figure out the best dish to order.  Or, it’s the pride felt knowing the where the best, hit-filled jukebox is within a 5 block radius.  When you really know a location you get a satisfying feeling of expertise, comfort and enjoyment, but reaching that state is often time-consuming.  Foursquare accelerates the process of local expertise. And, it’s optimized to give this information exactly when you need it, on-the-go via a rich mobile app.

I’m really excited about this investment and am delighted that we have the opportunity to work with Bryce, Dennis, Naveen, and Harry. They’re all rockstars.

Notes

  1. thegongshow posted this