Foursquare growth

Wasn't Facebook Places supposed to destroy Foursquare?

When Facebook launched its new service, I wrote:

Foursquare has nothing to fear. Not even Facebook itself.

The size, scope and daily use of Facebook means that Facebook Places, which combines user location (check-in) with their Facebook friends and social graph, will destroy lesser location-based services. Not Foursquare. I expect Foursquare to actually benefit from Facebook Places because it's going to be much easier for Facebook users, which number in the hundreds of millions, to learn about, sign in and use the very well-made, well-positioned (I make joke) Foursquare.

Facebook continues to wisely leverage its user base, its understanding of its user base, and its infrastructure to not only make itself even more important in our daily lives. They are leveraging all their strengths to, wisely, build a massive, real-time, hyperlocal-hyperglobal ecosystem that supports other services. Foursquare need never be as big as Facebook (it won't ever be), but it can thrive in a Facebook world. And this new chart helps prove the case. Since the launch of Facebook Places, Foursquare's rate of growth has increased.

They just signed their 3 millionth user.

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