Foursquare has taken a fair amount of flack lately, as the company rolls into its fourth year in business. Some claim Foursquare's userbase had stagnated; others claim that the company lacks a sustainable business model. After denying the negative user base claims, Foursquare CEO Dennis Crowley went on clarify that they do have a business model in place ? in fact, March was their biggest revenue month to date.Source: http://feedproxy.google.com/~r/Techcrunch/~3/CGpvWmetvTA/
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