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A comment on Foursquare Closes $50M at a $600M Valuation. Parent comment

Re:Foursquare Closes $50M at a $600M Valuation by harryh on Friday June 24, 2011 @06:02PM (#2694084)
FWIW I actually agree with you on this point. It's a bit of a prisoners dilema problem though. Basically everyone at this point has "defected" (reported signups). To be the only company to "cooperate (report active users) would be bad PR in a world in which most people don't pay attention to (or in many cases even understand) the difference.

It sucks a little, but I'm not sure what to do about it.

-harryh, engineering lead @ foursquare

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Re:Foursquare Closes $50M at a $600M Valuation by jdp23 on Friday June 24, 2011 @06:22PM (#2694169)
presumably your new investors understand the difference and are happy with the real numbers. so it's a great chance to invent the future (as you said above): do it the right way, and have other folks copy you.
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