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Heh, when I read the story I assumed that MG's source was an executive at Loopt. If Facebook is truly doing due diligence on Loopt, MG's article will get the a
by gyardley 17y ago
Heh, when I read the story I assumed that MG's source was an executive at Loopt.
If Facebook is truly doing due diligence on Loopt, MG's article will get the attention of others who may come and take a look and create a competitive bidding environment. Anonymously slipping TechCrunch a tidbit is the easiest way to do this without being caught shopping the company and irritating Facebook.
- herdrick 17y agoVery good point. Perhaps we'll know someday what happened.