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While the talks heat up about the future of Foursquare in the wake of Facebook Places’ choppy launch, Foursquare CEO Dennis Crowley tweeted that yesterday set a new company record in terms of new user signups. While this can largely be attributed to Foursquare’s newly found nook in the media following the launch of Places, it bears repeating that Facebook is working with over 500 million users, while Foursquare is chugging along at a number that is approaching 3 million.
While taking the word of a CEO as pure fact is something we’re hesitant to do in these days of spin, we wouldn’t doubt if this was indeed the case. But regardless of record signups, it’s a matter of whether or not the userbase will continue to use the service once Facebook Places establishes itself. People aren’t going to check in to two different services. There’s only room for one of us in this one GPS-enabled horse town. And Facebook is already a good 497 million users stronger. But can they find a way to engage their users in the way that Foursquare has?
