Foursquare has been one of those social media “baubles” that are shiny and glittery but, for whatever reason, has never been wildly embraced despite a lot of attention and more than $15-million of venture capital.
Once thought to be the next Twitter, Foursquare was supposed to catch fire a couple of years ago the popular SXSW conference but it flamed out instead.
Sure, it has two million registered users but who knows how many of those are active. Heck, I have a Foursquare account but it’s been collecting dust for months.
There has been a lot of conjecture about Foursquare’s future in recent months over whether it is anything more than a novelty that lets people broadcast their location. The biggest weakness has been that Foursquare has no other features. It’s a one-trick pony.
Heck, if you want to use a service that makes Foursquare interesting and useful, check out our Fourwhere service that shows comments from users on a map in cities around the world. For what it’s worth, Fourwhere also displays comments from Gowalla and Yelp.
If there were clouds on the horizon about Foursquare before, then it’s fair to suggest dark clouds are now rolling in as Facebook has launched a new service that lets people broadcast their location to friends using a mobile phone.
Facebook’s service looks and smells a lot like Foursquare. Facebook is even using the term “check-in”, which has been Foursquare’s catch-phrase.
The question now is whether Facebook’s move into the location-based services market is the beginning of the end for Foursquare. Given Facebook’s dominance and Foursquare’s precious foothold, it could see many of Foursquare’s users flee to Facebook. After all, why use a service with a single feature when there’s another option with multiple features.
The other school of thought is Facebook has now validated the location-based services market, which means that Foursquare and other start-ups such as Gowalla could thrive based on the rising tide lifts all ships theory.
My take is Foursquare’s prospects have become a lot more dim.
If Foursquare had been enjoying Twitter-like success, Facebook’s entry into the market would be significant but not earth-shattering. The fact that Foursquare is still a small player likely means it is about to take a major hit as people migrate to Facebook in significant numbers.
For all the companies operating in the social media marketplace, there are really only five options for companies looking to establish a strong presence: blogs (WordPress), Facebook, Twitter, LinkedIn and YouTube.
Now that Facebook has reached 500 million active users, the obvious question is how much bigger can it get.
When it comes to privacy, the pendulum has swung dramatically over the past 20 years.
Social Media Today had a post earlier this week on
Facebook, LinkedIn and MySpace dominate the social networking landscape but there are many people looking for a more relevant place to digitally network.
A statement and a question about Twitter.
Comments: Social Media’s Orphans?
Today, it seems comments have become a social media orphan. While there are still plenty of people leaving comments (and thanks to everyone who takes the time to write comments on our blog), it just seems like the comment has been shuffled to the corner.
Perhaps people find it easier to leave a “comment” on Twitter or Facebook rather than a blog because it creates content for their digital activity as opposed to someone else’s. Maybe it’s services such as Friendfeed that are moving comments and commentary away from blogs.
Not that this kind of activity is a bad thing but, in some respects, it does take away from a blog’s vitality and, as important, moves conversations that are often better than a blog post itself to another forum.
As Danny Brown nailed it on the head in a blog post, comments are “digital gold” because they set the stage for real conversations.
So, here’s a toast to the comment. Maybe it have a long and vital existence within the fast-changing social media landscape.
By Mark Evans - August 3rd, 2010 - 9 Comments »
Tags: blogs, comments, facebook, Social Media, twitter
Posted in Social Media