Foursquare, the latest talk of tech town--might be just that. This young NYC startup company that provides a service that shows where you are at all times to the Internet world, has recently reached 1.3 million users as of last June; and has also been wooed by Yahoo to sell for about 125 million dollars. Founders Dennis Crowley and Naveen Selvadurai have rejected this offer so far. Crowley also founded Dodgeball, who sold it to Google back in 2005, which Google later killed in 2009.
Foursquare has gained much popularity as of late as one of the biggest examples of the most rescent success stories of startups in the social gaming mobile arena. Recently, Switched on the streets hit Times Square to see just how powerful this latest social networking "check in" game has really become. Is it all tech talk--a startup make believe made to sound bigger than it actually is for marketing purposes, or will it be the next Facebook and Twitter fairytale that will go down in the social networking books? You decide.
