Hey there exit strategy
Foursquare is rumored to be worth $100M and Business Insider has a good look at why (it hardly has anything to do with usage):
- That some company — Google? Yahoo? Facebook? — will believe that Foursquare can gain mass consumer adoption.
- That some company will buy or develop a Foursquare rival and that another company will come to believe it needs Foursquare to defend its market position.
- That some company — we’re thinking of Yahoo here — will decide that buying Foursquare for $100 million is a cheap way to demonstrate to its employees and investors that it is interested in making bets on startups that could gain mass consumer adoption.
- That Foursquare will gain mass consumer adoption
- And, most importantly: That someone,someday will come in and bet on any of the above happening, but at a higher price.
