Today at Disrupt NY 2013, Foursquare founder and CEO Dennis Crowley denied rumors that growth was stagnant for Foursquare. “I think there’s a little bit of perception that we’re not growing, this is false,” Crowley said. In reality, March 2013 was the best month to date.
When it comes to growth numbers, Crowley started by saying that “[they] don’t talk about growth numbers so much.” But Foursquare tracks the number of active users, monthly sign-ups, check-ins, web visitors, etc. “All of these numbers are up 20-30%,” Crowley said.
Yet, Crowley was very candid about the situation the company is in right now. “We’re not the shiny new thing anymore,” Crowley said. The company is currently trying to become the main location tech company and turn into a recommendation app for restaurants, bars, etc.
“A lot of people understand what we’re trying to do, being the location layer on the internet, but there are a lot of people that don’t,” Crowley said. “People are still skeptical,” he continued.
“We are like that company that quietly pushes out big enhancements,” Crowley said. The company just wants to focus on improving the product and generating revenue, even if Foursquare receives negative thoughts from time to time.
A good part of Crowley’s fireside chat seems about busting rumors and stating that Foursquare is a focused company that is on a good path: “we’ve set our self up with nice ambitious targets, and we’re set to hit our goals.”
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