With advent of Geosocial networking Foursquare is the fixation to watch out. It is the Gen Next of social media and gives social media a complete new dimension. With Foursquare the Businesses can flourish and innovate. Foursquare already has more than 3 million users worldwide. Foursquare is primarily for letting your friends know where you are and figuring out where they are. Secondarily, it’s for collecting points, prize badges, and eventually, coupons, for going about your everyday business.