Founders can cash out at various funding rounds, so it might be that Sam took some money out during Loopt's funding rounds. I'm assuming the same for Kevin Ros

Founders can cash out at various funding rounds, so it might be that Sam took some money out during Loopt's funding rounds. I'm assuming the same for Kevin Rose who's a pretty active angel. Likely the sums invested are fairly small as well. The Foursquare guys took $4M home out of a current funding round http://www.theequitykicker.com/2010/07/15/foursquare-founders-took-cash-out-in-their-recent-series-b-round/ http://www.theequitykicker.com/2010/07/15/foursquare-founder...