"We've got a bunch (a ton?) of things we want to do, some of which you'll see pretty soon," Rainert wrote on blog regarding his appointment. Top VC firms are reportedly scrapping for a piece of Foursquare, which they're now valuating at $100 million. Meanwhile, Kevin Rose, co-founder of content ranking site Digg and a Foursquare investor, recently said: "Foursquare felt very much like Twitter did a few years ago."
What's up with companies named after grade school games involving red rubber balls?