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

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Sales is part of doing a startup. Selling the company is the biggest sale. You have to give them props for finding the people willing to buy.

Additionally, Loopt (being founded in 2005) did a ton of work that was obsolesced by the iPhone and ubiquitous GPS. Their timing was off, but you really can't fault them for giving it the college try. At a minimum GreenDot's internal engineering capacity has been massively upgraded.

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