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It is becoming alarmingly apparent that Foursquare is strongly considering a sale to Yahoo . As of the end of last week they had put the venture capitalists vying for their attention on ice. Those VCs happily provided term sheets valuing the company at $80 million or so.
Becoming a Foursquare mayor is not about just bragging rights anymore. The coffee chain Starbucks announced today that it has started a nationwide “mayor reward” program with the popular location-based service.
Another major milestone for 4sq: a HUGE biz dev deal by May 18
Editor’s note: The following is a guest post written by Robert Scoble , who travels the world for Rackspace interviewing tech geeks for building43.com .