Facebook Trying to Gain a Foothold in the Location-based Social Networking Space with Hot Potato

hotpotato

Hot Potato focuses on ‘events’ versus ‘location’ check-ins.

“If you can’t acquire them, squash them” – might be Facebook’s new mantra in trying to create a foothold in the location-based social networking space. Since Foursquare spurned Facebook’s advances for acquisition in favor of seeking more funding – the mighty social network of half a billion has put Plan B into motion – acquiring Hot Potato, another check-in service for a fraction of the cost.

 

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