When the news is slow it’s always a relief to find a good juicy rumor to pass along to the readers of Marketing Pilgrim. Heck, if it wasn’t for rumors about Internet companies and other Internet related things there would be precious little to talk about on any day.
So what’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.”