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Loopt

Loopt, based in Silicon-Valley and backed by leading venture capital firms Sequoia Capital and New Enterprise Associates, has created an interoperable social-mapping service that allows individuals to use their location to discover the real world around them – enabling them to find and enjoy the people, places, and events that mean the most right here and now using their mobile phones. \r\n\r\nWith Loopt, individuals will always know who’s around, what to do, or where to go

AcquiredSummer 2005Other

About Loopt

Loopt, based in Silicon-Valley and backed by leading venture capital firms Sequoia Capital and New Enterprise Associates, has created an interoperable social-mapping service that allows individuals to use their location to discover the real world around them – enabling them to find and enjoy the people, places, and events that mean the most right here and now using their mobile phones. With Loopt, individuals will always know who’s around, what to do, or where to go

Risk Analysis

Category Risk

22%death rate

Other: 130 of 604 startups failed

MEDIUM

Team Size

11people

Median for failed in Other: 2

Median for active in Other: 4

Founded 2005 — older batches naturally have higher attrition rates. Death rate comparisons should account for age.

External Resources

Post-mortem content hosted on startups.rip — we provide the analytics layer.