When the news is slow itâ€™s always a relief to find a good juicy rumor to pass along to the readers of Marketing Pilgrim. Heck, if it wasnâ€™t for rumors about Internet companies and other Internet related things there would be precious little to talk about on any day.
So whatâ€™s the latest? We hear from the folks at The Business Insider that Yahoo is looking to acquire Foursquare for somewhere in the range of $100 million.
Deal-makers are deciding right now whether or not to buy super-hot location-based startup Foursquare for ~$100 million, says a source close to bankers involved in Foursquare’s current fundraising efforts.
A source close to Yahoo told us a Foursquare-owned Yahoo “would be nice.” This source told us “we’ve had discussions,” but cautioned: “We talk to everybody.”