The story of Loopt

Mobile location-sharing company co-founded by Sam Altman in 2005; in Y Combinator's first batch; bought by Green Dot in March 2012.

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2005 – Mar 2012

Loopt. Mobile location-sharing company co-founded by Sam Altman in 2005; in Y Combinator’s first batch; bought by Green Dot in March 2012.

2005

Sam Altman founded Loopt. Co-founder.

Y Combinator invested in Loopt. Seed funding in its first batch (summer 2005).

Loopt was in the first group of eight startups Y Combinator funded, in summer 2005, at $6,000 per founder.

2005 – Mar 2012: Sam Altman, CEO of Loopt.

Mar 2012

Green Dot acquired Loopt. $43.4M.

Announced on 9 March 2012 and completed that month. The $43.4 million included about $9.8 million set aside to retain Loopt staff; the shares cost about $33.6 million.

Loopt, investors: New Enterprise Associates and Sequoia Capital.

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Drawn from the sourced links on Loopt. Change a link and this story changes with it.