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October 5, 2009
Posted by Ryan Graves

The Here And Now Is A Cash Cow

neighborhoodhereandnow

There is a new trend on the web and both startups and investors are taking note. Fred Wilson has called this trend, “taking the web offline”. Others call it the challenge of “local”. Companies like Loopt and Foursquare are taking this problem head on. As the only web nerd amongst my group of friends I love applications that are appealing to the non-techies (makes me feel normal). I really like the notion of using the web as a tool to improve life, not just keeping eyeballs and activity on the web, and I do think there’s serious lifestyle change and revenue potential in it. The key that makes this all possible is that the web is now mobile.

With the combination of smart phones with decent web browsers and the ability for developers to make applications on these machines, people can “check in”, connect with each other, and find reviews on the fly. I love seeing the Yelp stickers in bar windows because it tells me that the owners care what customers think and if that’s important to them than my experience at that venue is sure to be better. The web is moving away from just the office or home pc and moving into the actual establishment, into the venue, via our pockets. Because we now have the web in our pockets we can interact with a business via the web in real time.

Consider this: Prior to walking into my local pub, I “check in”, pub tender is monitoring Twitter or Foursquare, she see’s that I’m coming, she pours my drink without me even ordering it yet, it’s ready upon my arrival… yea I’d pay an extra couple bucks for that. Extreme example I know, but the information that venues can now access is awesome and will continue to increase. IMHO, they’ll definitely pay for it.

I’ve been thinking a lot about how and when this transformation will really pick up speed and I’m going to write about it a bit over the next week or so. I think that local is already big and going to increase in importance. Companies like Everyblock who was recently acquired by MSNBC bring you hyper local news, and other services make exploring your city and meeting people close to you easier than ever before.

What location based applications are you using? Everytime your iPhone or BB asks, can we use your location, how often do you say yes?

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[...] specials I wrote about my experiences. u00e2u0080u009cIf Foursquare had sales repsu00e2u0080u009c, u00e2u0080u009cThe here and now is a cash cowu00e2u0080u009c, u00e2u0080u009cDonu00e2u0080u0099t be late to the party, get on Foursquareu00e2u0080u009c, u00e2u0080u009cCustomer [...]

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Paul-
Foursquare may not be available in your city but you can still add
venues. Join the city nearest you and just start adding venues (you
can do that via the website).
A friend from KC joined Chicago and is now the mayor of 5 KC venues!
Next post coming soon!
Cheers,
Ryan

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Since FourSquare is not yet available in Tennessee, I use "yelp!", "Where", "Open Table" (the best so far) and "Around Me". Now I got to tell you, there's nothing like FS since I used it to no end during my last trip to Chicago. And for the question I'd say yes to almost every app asking for it.

Great post and hope to see your update soon!

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Paul-
Foursquare may not be available in your city but you can still add
venues. Join the city nearest you and just start adding venues (you
can do that via the website).
A friend from KC joined Chicago and is now the mayor of 5 KC venues!
Next post coming soon!
Cheers,
Ryan

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  • offensive
  • disagree
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Since FourSquare is not yet available in Tennessee, I use "yelp!", "Where", "Open Table" (the best so far) and "Around Me". Now I got to tell you, there's nothing like FS since I used it to no end during my last trip to Chicago. And for the question I'd say yes to almost every app asking for it.

Great post and hope to see your update soon!

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  • Hi. I'm Ryan Graves and this is my personal blog. I'm an entrepreneur living in San Francisco, but I'm from San Diego. My wife blogs too, and I love my family.

    I'm the VP Operations of Uber the startup changing the way people travel. Here's more about me, and more about my work.





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