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A comment on We’re In The Middle Of A Terrible Blubble. Parent comment

Re:We’re In The Middle Of A Terrible Blubble by nikcub on Sunday April 24, 2011 @04:43AM (#2478526)
The only valuation that got me close to thinking 'wow, crazy' was hearing that foursquare is raising a big round at a $500M valuation.

The rest of them, Facebook, Zynga, GroupOn etc. make some sense

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Re:We’re In The Middle Of A Terrible Blubble by mkr-hn on Sunday April 24, 2011 @10:11AM (#2478874)
Foursquare probably gets funded on the same concept color did. It's more about the data it can generate and sell, not the product itself. I'm still not convinced that it's a viable way to cover that kind of value.
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