Thinknum Alternative Data
Request Demo
Thinknum Login
Questions answered using Thinknum

Fundamental Investors

How many cars has Carmax sold this week compared to the same week last year?

How is foot traffic at Chipotle changing YoY?

What are the industrial companies that are growing and hiring the most?

Quantitative Analysts

How are the number of Twitter followers a leading indicator for company performance?

How are the number of LinkedIn employees a leading indicator for company performance?

Business Inteligence

Which private companies are getting their products picked up by major retailers?

Which private healthcare companies are hiring the most?

Which tech startups are getting the largest increase in mobile app downloads?

Join the investment community and start your week with market insights seen through the lens of alternative web data.

Foursquare data doesn't match the rosy narrative for its 10-year anniversary

4 months ago by Jon Marino in Startups

Foursquare ($FOURSQUARE) is celebrating a decade in existence, and alledgedly $100 million in revenue. Its potentially on the precipice of an IPO - at least, if this week's NY Magazine fluff piece is to be believed. 

But a hard look at the alternative data tells a different story - and one that Foursquare, which has evolved from a sharing platform into a data provider, may not like. 

Our first chart tracks the company's Facebook ($NASDAQ:FB) Likes - and for Foursquare, its users have been checking out left and right. In fact - because consumers opting to no longer 'Like' a brand takes their actively clicking out of the relationship - for a company that is so dependent on its users' data, Foursquare looks to be facing a big challenge. 

Judging by its Apple ($NASDAQ:AAPL) App Store Rating Count, Foursquare shouldn't expect any new likes to be coming any time soon - the company's data, tracked via Apple's App Store, shows that for its most popular app - Fourquare's City Guide - engagement has effectively stalled - or, at least, very few new users are taking time to rate the app still. 

However - with, according to New York Magazine, 'interest profiles' covering 100 million Americans, Foursquare may be a force to be reckoned with even if its engagement slows or stalls. 

About the Data: 

Thinknum tracks companies using information they post online - jobs, social and web traffic, product sales and app ratings - and creates data sets that measure factors like hiring, revenue and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales. 

Further Reading: 

Join the businesses who have begun to edge out competitors by scouring the web for alternative data.

Request demo
Ready for a personalized tour?

Jon Marino

Jon Marino is Thinknum's finance editor, covering the impacts of alternative data on public companies and investors. Prior to joining Thinknum, Jon worked in the ...

Request a demo

We would love to show you how Thinknum will benefit your investment process. To get started, fill out the form and we'll contact you shortly to schedule your demo.

Get Thinknum Media in your inbox

Start the day off with our Weekly Digest.