LBS Smacks of dot-com Era Hype

Foursquare, a location-based social network startup, is all the rage at the moment. Valued at $95 million before the latest $20 million infusion from Silicon Valley venture capital firm Andreessen Horowitz, Foursquare appears to be slated for super stardom in the combo social media and location-based services (LBS) arena. But not all that glitters is…