Foursquare Hits 3 Million Users
August 30th, 2010Foursquare, the location-based service whose name you may have heard over the last few weeks, passed the 3 million user mark according to TechCrunch over the weekend. Their growth has been something to watch, hitting 1 million users in a year, 2 million users 3 months later, and now passing 3 million just one-and-a-half months after that. But can it keep this pace up?
When Facebook announced it’s own location-based feature named Places earlier this month, many saw it as the death notice to sites like Foursquare. But maybe it will be just the opposite and push services like Foursquare to the next level. According to Foursquare’s co-founder Dennis Crowley, Foursquare had its biggest day of signups after Facebook made it’s announcement. Related to that, he also says that they are growing at a rate of around 180,000 new users each day.
With location-based services continuing to grow, the real question will come down to how many people will want to send out their locations in real-time? It makes the sustainability of the service a bit more murky in the long run.
*Information used from TechCrunch and PCWorld in this post.
