Where: Like Foursquare, except with profits and lots more users
blogs.wsj.com
blogs.wsj.com
I'm wary of 'Where' as a name. Will 'Where' wear well, if whereever it's discussed we're also hearing competitors' wares emphasizing 'where' features? Where, with all these word collisions, will Where find the werewithal to forge a brand image where we're likely to see 'Where' as meaning what Where wants 'Where' to mean?
Wait, no, there's no There anymore. Maybe there wasn't a market for There with Second Life in the picture.
Secondly, thanks for the reminder of how complex English can really be. Your example makes me glad I'm a native speaker :)
You have two competing services with similar functionality and one is fun to use. Investors are betting that the fun to use one is the one that will catch on and stick now and in the future. The fact that the not-so-fun competitor is making money should make Foursquare investors jump for joy. It's a proof of business concept that's been done for them.