2 verifications about Loopt Loopt ×
“Sam Altman said that Loopt had 100 times more users than 500 and said he would provide evidence but did not provide evidence.”
The core account is supported: Sam Altman publicly rejected the reported 500-user figure for Loopt, indicated it was far too low, and said he would provide data. The strongest caveat is that the precise “100 times” wording is better supported as a paraphrase from secondary reporting than as a clearly documented direct quote. No public evidence release matching that promise is evident in the record provided.
“Loopt had only 500 users near the end of its operation.”
The evidence does not support the statement that Loopt had only 500 users near the end. Reliable contemporaneous reporting around the sale put Loopt at about 3 million registered users, while the “500” figure came from an unverified report about daily active users and was explicitly disputed by the company. The claim omits that crucial distinction and therefore states something materially wrong.