Loopt

Loopt YC Application

Summer 2005Acquired

Loopt went through Y Combinator in the Summer 2005 batch as a Consumer company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch
Summer 2005
Industry
ConsumerSocial
Team size
11
Status
Acquired
Launched
2012

Founders

  • Sam Altman
    Sam AltmanFounder

What Loopt does

Loopt, based in Silicon-Valley and backed by leading venture capital firms Sequoia Capital and New Enterprise Associates, has created an interoperable social-mapping service that allows individuals to use their location to discover the real world around them - enabling them to find and enjoy the people, places, and events that mean the most right here and now using their mobile phones. With Loopt, individuals will always know who’s around, what to do, or where to go

Loopt's YC application, reconstructed

Y Combinator application

Loopt, Summer 2005 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Loopt

Describe what your company does in 50 characters or less.

Social mapping service for mobile phones

What is your company going to make? Please describe your product and what it does or will do.

We built Loopt, a mobile service that lets people share their real-time location with friends and discover nearby events, places, and people. It runs on phones, helping users decide what to do or who to meet nearby, solving the problem that people don't know what's going on around them or who's nearby at any moment.

Where do you live now, and where would the company be based after YC?

We live in Mountain View, CA, and the company is based here now and would remain here after YC.

Explain your decision regarding location.

Mountain View is where our team is already located. Being in the heart of Silicon Valley gives us access to key talent, investors, and network effects essential for our growth in mobile and social tech.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

Frequently Asked Questions

Is this the real Loopt YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Loopt's public data (launch notes, founder backgrounds, product description). It shows how a company like Loopt would present itself to YC, not the text they submitted.

What YC batch was Loopt in?

Loopt was part of the Y Combinator Summer 2005 batch.

Who founded Loopt?

Loopt was founded by Sam Altman.

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Loopt's application, and every other YC batch, is in YC Insights.

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