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by webwright
5209 days ago
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You should consider your tone here. It's unwarranted. You literally know nothing about what went on here, know nothing about the value that they're are getting (patents? team?). Is it okay/smart for Facebook to buy/hire a team of 4 engineers for $8M or is that because they are buddies with VCs? I assume Loopt had an engineering team of 20+. Is it that out of bounds to think that that (plus patents and perhaps some tech) could have an eventual financial impact of more than $43M? |
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Their job was to grow Loopt and make money. They failed to do that. So either they're not as brilliant as you say or that stuff isn't as important as you make it out to be. Result matter. Whether you're a great brand shouldn't.