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Comment on Loopt acquired by payment card provider for $43.3m in cashparent

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some backstory..beware personal opinion

I had the opportunity to interview with Loopt sometime ago, right when they in fact did the name change to Loopt.

My read than was that they in long term terms were going to fail as certain constraints to do things were not in their best interests...at that time it was Mobile Operator limits..tie-=ups

Its a sad thing as current deal looks to be only based on patents values..not what Sam's team put into it..

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