I think Twitter won because of several things: Branding, Momentum, the network effect and to a certain extent, first mover advantage. I think the same things will have Foursquare win this race. Twitter, Facebook and once upon a time Myspace, in addition to every other social networks are only as good as they are social, that is to say, your friends hang out there too. The reason MySpace is dead is because “no one” hangs out there anymore, it became un-cool. Facebook replaced it and you joined because all of your friends went there. Foursquare is out in front, and at least for me way more of my friends are on Foursquare than any of the other big geo-location games.
Foursquare has the same challenges that Twitter did:
- Much like how Twitter had Friendfeed nipping at it’s heels with passionate users and more features, Foursquare has Gowalla, MyTown, Loopt nipping at their heels with new features and passionate users.
- There was talk that Facebook would crush Twitter by offering a competing option, the same is being said about a rival offering from Facebook to crush Foursquare.
I may turn out to be wrong, but what do you think? Anything else that you want to add to the discussion? Reasons Foursquare will win? Or Lose? Add your thoughts.