Comment on Loopt acquired by payment card provider for $43.3m in cashparentComments−Alex391714y"You're essentially saying that trying to do Loopt at all was a mistake and we just should have done something else."Which is a perfectly valid option. Just because someone has an idea a good idea doesn't mean that it will make a good business.The cell phone software market pre-iPhone simply wasn't a good place to be starting a business, no matter what the idea.−kogir14yWhile you're absolutely right, I don't think the OP realized that's what he was saying, or he would have written it. I was merely pointing this out.There were successes though, even back then. It was a long shot, yes, but not a proven dead end.
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"You're essentially saying that trying to do Loopt at all was a mistake and we just should have done something else."
Which is a perfectly valid option. Just because someone has an idea a good idea doesn't mean that it will make a good business.
The cell phone software market pre-iPhone simply wasn't a good place to be starting a business, no matter what the idea.
While you're absolutely right, I don't think the OP realized that's what he was saying, or he would have written it. I was merely pointing this out.
There were successes though, even back then. It was a long shot, yes, but not a proven dead end.