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Yahoo Considers Buying Foursquare For ~$100 Million
Update: The Real Reason VCs Think Foursquare Is Worth $100 Million Earlier: Yahoo's M&A deal-makers are deciding right now whether or not to buy super-hot location-based startup Foursquare for ~$100 million, says a source close to bankers involved in Foursquare's current fundraising efforts.CHART OF THE DAY: Farmville-Maker Zynga's Revenues Reach $600 Mi
Zynga, the social gamesmaker behind Farmville, has a revenue run-rate around $600 million, a source close to the company tells us.
Booyah! Foursquare Rival Raises Huge $20 Million Round From Acce
And with $20 million more in its war chest, Booyah is going to continue down the mobile entertainment path, Lee tells us, aiming more to amuse than become a serious "connected city guide" or utility. That means it's probably going to competing even less with the likes of Foursquare and Gowalla, and blazing a different trail focused on location-based gaming.