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Is Loopt wildly profitable yet? After 4 years seems like it should be raking it in :/ Signing deals is cool, but do they equate to revenue and profit?
by axod 17y ago
Is Loopt wildly profitable yet? After 4 years seems like it should be raking it in :/
Signing deals is cool, but do they equate to revenue and profit?
- medianama 17y agoThats a very good point. There is always a huge gap between signing deals/PR and booking revenue, more so when you are dealing with bigger players like operators. Its unfortunate that nobody here talks about real numbers...
- justin 17y agoPrivate companies rarely share all their revenue / profit numbers. It's amusing that lots of HN outsiders speculate and wildly miss on how YC companies are actually doing in real terms.
- justin 17y agoAmazon took more than 4 years, and nobody is complaining now. Loopt is a success now, and will be very successful in the future, and it is very impressive considering Sam started it when he was an undergrad.