The year 2011 is safely behind us, and it looks like the future of social media is all downhill from here. It seems the bigger companies are consolidating, either by buying out competitors or enhancing their own services. A new infographic looks at the major events of 2011.
Facebook acquired Gowalla as it battled Foursquare for check-in domination, while Google+ raced against Facebook with new features and privacy improvements. Meanwhile, more specialized companies like Pandora, Groupon and LinkedIn hit the stock market with IPOs. This infographic from the Austin, TX-based social business firm Dachis Group, maps out 2011′s biggest milestones on the path to 2012. Where do you think social media will take us this year?