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Loopt
Loopt was a company based in Mountain View, California, United States which provided a service for smartphone users to share their location selectively with other people (see location-based service). The service supported iPhone, BlackBerry The blackberry is an edible fruit produced by many species in the genus ''Rubus'' in the family Rosaceae, hybrids among these species within the subgenus ''Rubus'', and hybrids between the subgenera ''Rubus'' and ''Idaeobatus''. The taxonomy of ..., Android and Windows Phones. Loopt's services had more than five million registered users and partnerships with every major U.S. mobile phone carrier. Their applications offered a variety of privacy controls. In addition to its core features, users also had the ability to integrate Loopt with other social networks, including Facebook and Twitter. The company was founded in 2005 and received initial funding from Y Combinator (company), Y Combinator, and completed Series A and B financing led by ...
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Sam Altman
Samuel H. Altman ( ; born April 22, 1985) is an American entrepreneur, investor, programmer, and blogger. He is the CEO of OpenAI and the former president of Y Combinator. Early life and education Altman grew up in St. Louis, Missouri; his mother is a dermatologist. He received his first computer at the age of 8. He was raised Jewish. He attended John Burroughs School for high school and studied computer science at Stanford University until dropping out in 2005. In 2017, he received an honorary degree from the University of Waterloo. Altman is gay, and has been out since his youth. Career Loopt In 2005, at age 19, Altman co-founded and became CEO of Loopt, a location-based social networking mobile application. After raising more than $30M in venture capital, Loopt was shut down in 2012 after failing to get traction. It was acquired by the Green Dot Corporation for $43.4 million. Y Combinator Altman began as a part-time partner at Y Combinator in 2011. In February 2014, Altman ...
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Green Dot Corporation
The Green Dot Corporation is an American financial technology and bank holding company headquartered in Austin. It is the world's largest prepaid debit card company by market capitalization. Green Dot is also a payments platform company and is the technology platform used by Apple Pay Cash, Uber, and Intuit. The company was founded in 1999 by Steve Streit as a prepaid debit card for teenagers to shop online. In 2001, the company pivoted to serving the "unbanked" and "underbanked" communities. In 2010, Green Dot Corporation went public with a valuation of $2 billion. Since its inception, Green Dot has acquired a number of companies in the mobile, financial, and tax industries including Loopt, AccountNow, AchieveCard, UniRush Financial Services, and Santa Barbara Tax Products Group. Green Dot Corporation is an issuer of prepaid MasterCard and Visa cards in the United States. These products are available at nearly 100,000 retail stores including CVS, Rite Aid, Walgreens, Dollar ...
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Greg McAdoo
Greg McAdoo is a general partner at Bolt.io in Silicon Valley since 2017. Prior to joining Bolt.io, Greg spent 12 years as a senior partner at Sequoia Capital. Greg specializes in internet services, mobile, energy and technology investments. Greg at some time was on the boards of Airbnb, Bump Technologies, Cue, Clustrix, Imageshack, MeLLmo and Songkick. Greg also led Sequoia's investment in Y Combinator and previously sat on the boards of Isilon Systems, Loopt, RockYou, Achates Power and PowerFile. Prior to joining Sequoia Capital in 2000, McAdoo was the president and CEO of Sentient Networks (CSCO). Outside of entrepreneurial endeavors and investing, he was on the board of directors of the National Air and Space Museum of the Smithsonian Institution The Smithsonian Institution ( ), or simply the Smithsonian, is a group of museums and education and research centers, the largest such complex in the world, created by the U.S. government "for the increase and diffusion of kno ...
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Metromix
Metromix LLC was a Chicago entertainment website at Chicago.Metromix.com, owned by the ''Chicago Tribune'' division of Tribune Publishing. It served the Chicago metropolitan area. The website now redirects to that of the Chicago Tribune. History Originally launched in 1996 as metromix.com by the ''Chicago Tribune'', it was a local Chicago website targeting young, socially active adults looking for an insider’s perspective on local trends and hotspots. Users were typically 21 to 34 years of age with significant disposable income and highly active social lives. It earned various awards including the EPpy Award for Best Entertainment Site and the Digital Edge Award for Best Advertising Program. In 2007, Metromix became a joint venture between the media conglomerates Gannett Company and former Tribune Company. A guide to local restaurants, bars and clubs, events, concerts and movies, Metromix became available in over 60 markets. In late 2009, the company launched 27 new sites to c ...
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Black20
Black20 was an American digital production studio founded by J. Crowley, Neil Punsalan, and Nelson Castro. The company operates out of Long Island City, Queens, New York. The company, which launched in 2007, created web series including ''net_work'' and ''The Middle Show''. The company also produces viral videos. Some of their biggest hits include ''300: PG Version'' (10M views), ''I Am A Building: net_work'' (3.6M views), ''Star Wars PSA: Vader Dad'' (3.3M views), and ''Naked Gay Ted: net_work'' (3.3M views). Jeff Jarvis is an angel investor in the company. Fox Television Studios acquired a part of the company in an effort to enhance their comedy development for television. Their content can be viewed on Hulu and the Black20 YouTube channel. The group has been inactive since 2011. The last video published on their channel before a 12-year gap was on 14 June 2010. Two 14-year old videos were published on their channel after this break, both on 14 January 2022. Web series *''net_ ...
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App Store (iOS)
The App Store is an app store platform, developed and maintained by Apple Inc., for mobile apps on its iOS and iPadOS operating systems. The store allows users to browse and download approved apps developed within Apple's iOS Software Development Kit. Apps can be downloaded on the iPhone, iPod Touch, or the iPad, and some can be transferred to the Apple Watch smartwatch or 4th-generation or newer Apple TVs as extensions of iPhone apps. The App Store was opened on July 10, 2008, with an initial 500 applications available. The number of apps peaked at around 2.2 million in 2017, but declined slightly over the next few years as Apple began a process to remove old or 32-bit apps that do not function as intended or that do not follow current app guidelines. , the store features more than 1.8 million apps. While Apple touts the role of the App Store in creating new jobs in the "app economy" and claims to have paid over $155 billion to developers, the App Store has also attrac ...
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ITunes Store
The iTunes Store is a digital media store operated by Apple Inc. It opened on April 28, 2003, as a result of Steve Jobs' push to open a digital marketplace for music. As of April 2020, iTunes offered 60 million songs, 2.2 million apps, 25,000 TV shows, and 65,000 films. When it opened, it was the only legal digital catalog of music to offer songs from all five major record labels. The iTunes Store is available on most Apple devices, including the Mac (inside the Music app), the iPhone, the iPad, the iPod touch, and the Apple TV, as well as on Windows (inside iTunes). Video purchases from the iTunes Store are viewable on the Apple TV app on Roku and Amazon Fire TV devices and certain smart televisions. While initially a dominant player in digital media, by the mid-2010s, streaming media services were generating more revenue than the buy-to-own model used by the iTunes Store. Apple now operates its own subscription-based streaming music service, Apple Music alongside the ...
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Apple Inc
Apple Inc. is an American multinational technology company headquartered in Cupertino, California, United States. Apple is the largest technology company by revenue (totaling in 2021) and, as of June 2022, is the world's biggest company by market capitalization, the fourth-largest personal computer vendor by unit sales and second-largest mobile phone manufacturer. It is one of the Big Five American information technology companies, alongside Alphabet, Amazon, Meta, and Microsoft. Apple was founded as Apple Computer Company on April 1, 1976, by Steve Wozniak, Steve Jobs and Ronald Wayne to develop and sell Wozniak's Apple I personal computer. It was incorporated by Jobs and Wozniak as Apple Computer, Inc. in 1977 and the company's next computer, the Apple II, became a best seller and one of the first mass-produced microcomputers. Apple went public in 1980 to instant financial success. The company developed computers featuring innovative graphical user inter ...
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Worldwide Developers Conference
The Worldwide Developers Conference (WWDC) is an information technology conference held annually by Apple Inc. The conference is usually held at Apple Park in California. The event is usually used to showcase new software and technologies in the macOS, iOS, iPadOS, watchOS, and tvOS families as well as other Apple software. WWDC is also an event hosted for third-party software developers that work on apps for iPhones, iPads, Macs, and other Apple devices. Attendees can participate in hands-on labs with Apple engineers and attend in-depth sessions covering a wide variety of topics. The first ever WWDC was held in 1983 with the introduction of Apple Basic, but it was not until 2002 that Apple started using the conference as a major launchpad for new products. Beginning in 1987, WWDC was held in Santa Clara. After 15 years in nearby San Jose, the conference moved to San Francisco, where it eventually became Apple's primary media event of the year and regularly sold out. WWDC ret ...
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Mashable
Mashable is a digital media platform, news website and entertainment company founded by Pete Cashmore in 2005. History Mashable was founded by Pete Cashmore while living in Aberdeen, Scotland, in July 2005. Early iterations of the site were a simple WordPress blog, with Cashmore as sole author. Fame came relatively quickly, with ''Time'' magazine noting Mashable as one of the 25 best blogs of 2009. As of November 2015, it had over 6,000,000 Twitter followers and over 3,200,000 fans on Facebook. In June 2016, it acquired YouTube channel CineFix from Whalerock Industries. In December 2017, Ziff Davis bought Mashable for $50 million, a price described by ''Recode'' as a "fire sale" price. Mashable had not been meeting its advertising targets, accumulating $4.2 million in losses in the quarter ending September 2017. After the sale, Mashable laid off 50 staffers, but preserved top management. Under Ziff Davis, Mashable has grown and expanded to many countries in multiple continents, ...
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Location Based Advertising
Location-based advertising (LBA) is a form of advertising that integrates mobile advertising with location-based services. The technology is used to pinpoint consumers location and provide location-specific advertisements on their mobile devices. According to Bruner and Kumar, "LBA refers to marketer-controlled information specially tailored for the place where users access an advertising medium". Types There are two types of location-based services in general: push and pull. The push approach is more versatile and is divided into two types. A not requested service (opt-out) is the more common approach amongst the two approaches, as this allows advertisers to target users until the users do not want the ads to be sent to them. By contrast, through using the opt-in approach the users can determine what type of advertisements or promotional material they can receive from the advertisers. The advertisers must abide by certain legal regulations set in place and respect users' choi ...
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Verizon Wireless
Verizon is an American wireless network operator that previously operated as a separate division of Verizon Communications under the name Verizon Wireless. In a 2019 reorganization, Verizon moved the wireless products and services into the divisions Verizon Consumer and Verizon Business, and stopped using the Verizon Wireless name. Verizon is the largest wireless carrier in the United States, with 142.8 million subscribers at the end of Q4 2021. The company is headquartered in Basking Ridge, New Jersey. It was founded in 2000 as a joint venture of American telecommunications firm Bell Atlantic, which would soon become Verizon Communications, and British multinational telecommunications company Vodafone. Verizon Communications became the sole owner in 2014 after buying Vodafone's 45-percent stake in the company. It operates a national 4G LTE network covering about 99 percent of the U.S. population, which in the second half of 2020 won or tied for top honors in each category ...
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