by Gavin O'Malley, Sep 22, 2009, 4:16 PM
OMMA Global is winding down just as things are starting to heat up! Justin Siegel, co-founder and CEO of mobile social network MocoSpace, is waxing skeptical on foursquare, a mobile social networking application that's presently generating some serious buzz. Foursquare was started by Dennis Crowley -- the same guys who co-founded Dodgeball, a similar service that let users share their location with friends via text messages. Google bought Dodgeball in mid-2005, then discontinued it at the beginning of this year. "Dodgeball to dust ball," says Siegel, who speculates that foursquare will follow a similar trajectory. "They both had a lot of buzz early on," says Siegel. BS, one informed attendee tells me, explaining that Dodgeball's failure was a direct result of the acquisition.