FourSqaure is probably the hottest web property in town right now. We already knew that Yahoo! is probably trying to buy out FourSqaure, but it seems like Microsoft and Facebook have joined the bandwagon too. The valuation FourSqaure is getting right now seems to be north of $100 Million.
One should keep in mind though that besides these acquisition and partnership offers, FourSqaure still has lots of VCs eager to pour money in. What will Dennis Crowley, the founder of FourSqaure, decide? He has already sold one of his startups , Dodgeball, to Google before and that wasn’t the best decision of his life.
Techcrunch is also reporting that Facebook may be more interested in a strategic partnership instead of an outright acquisition. This will serve Facebook well in complementing its own , location based service, which is talk of the town since last few weeks. Do you think Dennis Crowley should sell FourSqaure or just trust its growth rate and wait for a bigger and better opportunity?
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