Just take the recent “Facebook Has Purchased Gowalla……Maybe……We Think…..Well, There Are Plenty Of Signs Pointing to It…..Actually Since Mars and Jupiter Are Aligned It Looks Like A Go”. Now Kara Swisher has posted an e-mail that she transcribed from a Gowalla “leaker” saying that the ink on the deal isn’t dry blah, blah, blah.
I mean really. If Gowalla was bought at a nice price the only people that benefit are the investors. That is not likely to be you or me. If Gowalla was purchased by Facebook it means nothing other than maybe Facebook will be looking at a location based service again but let’s remember that their past efforts in this area ended in a resounding thud.