“We're currently not in that mode where we're building salespeople and filling the desks...We're in that growth phase where we're just trying to build as much as possible.”
...its user base has surged to more than 4 million from 170,000 at the end of 2009. The company is adding features to fend off a threat from rivals, including Facebook and Twitter Inc., which are creating their own location-based services...
While it's mainly focused on attracting users, Foursquare is also working on tools that would help it make money from local merchants.
7 months later: "10 Million"
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