With $8M Seed, Urban Compass Wants To Build Hyper-Local, Human-Powered Database

wtf is "hyperlocal"? reviewing each table at the local starbucks?

seriously, it just sounds like local + recommendations. this article reads like it's just drumming up hype for this company.

Welcome to techcrunch, regurgitating exactly what the company's marketing spiels claim + how much money they raised as though the companies success depends on VCs.

Who knows, but it's got the word "local" and it even has "hyper" applied to it, so we've got to fund this. The only way it could be better if it was also "turbosocial" and "supermobile"!

Does anyone know what a $8M Seed means?

Does that mean it was raised in such a way that no investor has a board seat?

No clue what $8m seed means but the tech guy behind this is an algorithm monster. Not sure how that translates to consumer facing apps but it will either be amazeballs or it will be Color 2.0. Time will tell.

Sounds like Foursquare?