Foursquare reaches 1 Million check-ins per day
Foursquare has now reached 1 Million check-ins per day coming from around 1.8 million global users.
This shows a good % of Foursquare’s user base is accessing their product on a daily basis.
Foursquare recently got $20 million in a second-round venture capitalist investment mainly by Andreessen Horowitz, valuing the company at around $95 million.
It is estimate there are now 200 million smartphones and Foursquare is growing as does this demographic.
There is an estimated 1.7 billion people globally with internet access and 4.6 billion with basic mobile telephones.
