Sam Altman was involved in his early entrepreneurial ventures
| Political |
Updated By: History Editorial Network (HEN)
Published:
2 min read
In 2009, Sam Altman was involved in his early entrepreneurial ventures, notably as the CEO and co-founder of Loopt, a location-based social networking mobile application. Loopt was one of the pioneering apps in this field, and it allowed users to share their location with friends. The app was launched in 2005 and gained some popularity, but despite raising significant venture capital, it struggled to achieve widespread adoption.
In 2009, Loopt was still operational, but it faced increasing competition from other emerging location-based services like Foursquare. Despite these challenges, Altman’s experience with Loopt helped solidify his reputation in Silicon Valley as a capable entrepreneur.
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