Naveen Leaving FourSquare

Image via CrunchBaseI just read the headlines. I have not read the full length articles yet. But I must say I am very, very surprised. This was so unexpected, to me it was. Unless the split between the two cofounders was quite tilted, or if by now after having raised several rounds of money Naveen's percentage ownership in the company had become really low, or the guy has come up with the next big thing, I mean. I have thought of FourSquare as a company that could end up with an IPO.

Now let me go read. The guy himself has a blog post on the topic, I think. Let's hear straight from the horse's mouth. If I were him I'd have left my equity still in the company. Because that money is growing. I wonder what he did.

GigaOm: Naveen Selvadurai, Foursquare co-founder is leaving
Business Insider: The Co-Founder Of One Of New York's Hottest Startups Is Checking Out
Pulse2: Foursquare Co-Founder Naveen Selvadurai Stepping Down
TheNextWeb: Foursquare co-founder Naveen Selvadurai announces he is leaving the company to work on new projects
AllThingsD: Foursquare Co-Founder Naveen Selvadurai Leaving
Naveen: Next
VentureBeat: Cue violins: Foursquare co-founder Naveen Selvadurai leaving the company
CNet: Foursquare co-founder Selvadurai to leave company
TechCrunch: SV Angel Also Buying Up Foursquare Stock. Dennis Crowley Emerges As Big-Company CEO

Okay, so the guy sits on the FourSquare Board.

Looks like the guy sold his stock to Spark Capital, one hopes only some of it.

Okay, so the guy feels like he has done all he can and he needs to move on.

It is possible some of the VCs in the picture have been gently working towards this end.

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Robert Scoble Favorited My Tweet

Robert Scoble on the red couch (Photo credit: niallkennedy)

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Robert Scoble favorited my tweet. That is news in my world. I am surprised I am on the guy's radar. I am an admirer of Robert Scoble. I don't know anyone else who does social media quite like Scoble. Kudos.

Pinterest Competes With Twitter, Instagram With FourSquare

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Buy the book on Amazon.
Official Site
On NPR

Pinterest Competes With Twitter, Instagram With FourSquare

Image via WikipediaLies, Damn Lies And Statistics: Instagram hits 25 million users – you heard it here first

I am talking in terms of my web diagram. I think Pinterest has the potential to surpass Twitter just like Instagram has surpassed FourSquare.

Pinterest feels mainstream like Twitter never did. Twitter has always felt a little nerdy. A very smart friend once asked me what the hashtag was. The idea of checking in can be a barrier. But sharing photos? Photos with twists and tinges? That old adge about a picture being worth a thousand words. And the whole thing about social. Fred Wilson once derisively referred to Facebook as "a photo sharing network." Another way to look at it is that was a compliment.

At universal gigabit speeds there might be video versions of Pinterest and Instagram. But something tells me photo has staying power. A photo can be consumed in a split second. But short videos can play. And there are so many details to a video. There is room. There will be room.