[cyberferret]

The article didn't really clarify. Did they lose the funding mainly because the laptop was lost at Heathrow?? Was it because of fear their IP was compromised by the theft?

[erikb]

I also misread the article at first that this was the reason for losing the funding, but actually it's the reason for starting the startup.

[cyberferret]

Yep - It's been a long day of programming here, and it is late evening and I am tired, which is probably why I misread the article and asked for clarification. But the downvote police are seemingly merciless... :-)

[metalon]

I think what it means that they got the idea for the tracker after losing the laptop, they didn't lose it after securing their funding

[cyberferret]

Gotcha - I missed one word in that sentence... It's late here...

[janvha]

Mate, it's too early to be drunk...

[cyberferret]

11pm here... Not all HN users live in your neighbourhood... ;)

[janvha]

Ah, then it's the right time to be drunk. My apologies, and enjoy it! :-)

[viraptor]

"The idea was born when one of the founders lost his travel bag" - this has nothing to do with the funding.

[cyberferret]

And the article STILL doesn't give specifics about what exactly was found lacking in the company. Poor reporting will generally lead to people trying to squeeze anything out of the information given, misreadings don't help.