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How much does foursquare make in revenue per year?

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According to this article, so far they have made $2 million in revenue. Well, Now We Know How Much Revenue Foursquare Is Generating, And It's Easy To See Why Investors Are Not Impressed. read more

In all of its ad products, Foursquare is paid on a Cost-Per-Action basis. That means that if its serve an ad to a user, Foursquare only gets paid if that user either toggles on the ad to get more information, or if they check\-in to a physical location within 72 hours upon seeing that ad. read more

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