Millions compared to what? Their historical peak check-in rate? Number of active users? Number of total users?
Everything I've seen anecdotally points to Foursquare having a small core of highly active users (people who check in multiple times a day), with a very, very, very long tail of infrequent/never users.
I have no inside information on this, but I'm also willing to bet that their current daily check-in rate is lower than what it was at their peak. The whole checkin phenomenon came and went, and while it's not gone entirely, it's simply no longer relevant to the mass market. "Millions" of checkins a day is, frankly, very low for a consumer tech product that has existed for 5 years and taken $160mm in funding.
Everything I've seen anecdotally points to Foursquare having a small core of highly active users (people who check in multiple times a day), with a very, very, very long tail of infrequent/never users.
I have no inside information on this, but I'm also willing to bet that their current daily check-in rate is lower than what it was at their peak. The whole checkin phenomenon came and went, and while it's not gone entirely, it's simply no longer relevant to the mass market. "Millions" of checkins a day is, frankly, very low for a consumer tech product that has existed for 5 years and taken $160mm in funding.