I don't know what Reddit sold for, but while Loopt's $40M was far down from its ... | Hacker News

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cperciva on March 16, 2012 | parent | context | favorite | on: How Y Combinator Started

I don't know what Reddit sold for, but while Loopt's $40M was far down from its earlier $500M, it's still a hell of a lot more than the ~$300k valuation it would have had when YC invested in it.

vecter on March 17, 2012 [–]

Loopt raised $32M in funding [1], so a $40M exit is roughly scratch.

[1] http://www.crunchbase.com/company/loopt

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