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Loopt Sam Altman

SXSW interview

13 Mar, 2011

Altman tells CrunchGear about Loopt’s plans, saying the company is aiming to focus on data over the coming year:

[…] we’ve really been focused more and more on [Facebook] Places, this hyper-specific data layer

He says the deals that work best for the company are things like free stuff being given away on a street corner for a limited time, or 50% off a restaurant for one night only:

The things that work the best are what we call flash deals, these are very, very time-limited, high-value, and they are pushed to the user.

CrunchGear: Interview With Loopt's Sam Altman At SXSW 2011