Traditional local advertising is not what retailers want. They want not just for you to see an ad - they want you to come into the store, to be a repeat customer and to spread the word.
It's so important for startups to get their culture right at the start. They need to feel unique and that they are on their own important mission in the world.
There is a lot of stuff I like. I love backpacking. I love going to an island where I can just sit on the beach and read or scuba dive and sail. I do a lot of that. I still go backpacking around Europe in the summers and staying in hostels. I love that.
One of the things we urge Y-Combinator companies to do is to have profitability in grasp. If you need to get profitable before your A round of money, you ought to be able to do that.
I suppose if I didn't have Loopt, I'd have to, I don't know, pick up the phone and just start calling people, a lot more texting and certainly more Googling.
