1. yes, although that gave us some advantages as well.
2. not for our core loopt app.
3. i think in general location services have lost some luster over the last 12/18 months, but i also think a lot of the things that we've been doing--real-time deals, loyalty offers, etc are generating a lot of interest among users and we'll hopefully be able to take that to the next level at green dot.
Comments
1 - Would you say you guys were too early to market?
2 - Was your monthly active user base above 2M?
3 - What contributed to Loopt loosing its appeal over the past 12/18 months?
1. yes, although that gave us some advantages as well.
2. not for our core loopt app.
3. i think in general location services have lost some luster over the last 12/18 months, but i also think a lot of the things that we've been doing--real-time deals, loyalty offers, etc are generating a lot of interest among users and we'll hopefully be able to take that to the next level at green dot.
Per http://venturebeat.com/2012/03/09/loopt-dau/ daily active users were below 500 prior to the sale.