On the occasion of our second anniversary, we took a look at the events in hyperlocal since we launched in 2011. Then: All Groupon all the time. Now: Not so much. The evolution of the hyperlocal landscape charts the same path as any new industry, beginning with the pioneers who take risks to prove a model; replications on the idea; consolidation and contraction; entrenchment of the ideas and business models; and legacy companies who buy or build their way in.
It’s still the wild west, and we’ll host discussions and presentations on the radical changes currently taking place in hyperlocal at our upcoming Street Fight Summit West 2013.