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Street Fight Daily: 05.24.11

David Hirschman

Street Fight Daily: 05.24.11

A roundup of today’s big stories in hyperlocal media, technology, advertising and startups… Dennis Crowley says Foursquare is growing at a rate of 1 million users per month. The company currently boasts 600 million check-ins total, averaging 3 million per day from its nearly 10 million users. (The Next Web)…

Patch President Warren Webster says the company’s criteria for growth in new communities is sound and sustainable, as is its locally centric business model. He says early reader metrics are exceeding expectations. (NetNewsCheck)…