[Alex3917]

"Care to make a long bet on how much of Loopt tech is still around in 5 years?"

More of it than is around now. Location based apps are just getting started.

I think there is sort of a last mile problem for data, in the same way that there is a last mile problem for hardware. As much people come to see the world this way I think we will end up with more and more possibilities for local social than we can currently even imagine. I think this acquisition will be a good opportunity, as Loopt will effectively be able to use these financial tools as bait to get more people into their system.