It was almost exactly one year ago that Facebook launched Places, their location-based offering.
Reading the press at the time, you would have thought it was going to be the Foursquare-killer, the Gowalla-strangler, the Loopt-beheader, etc. Nevermind that Facebook partnered with all of them for the launch � those guys were done.
Fast forward to today: Foursquare recently raised a large round of funding valuing them at $600 million. And Facebo
Source:
http://techcrunch.com/2011/08/23/facebook-location-tagging/
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