Someone got downvoted below for saying multiple things. One being not to always follow unwritten rules. Yet from what can be gathered about Loopt, it seems like it wasn't acquired for legit purposes. Loopt was failing, had common investors with the acquiring company, was acquired, and promptly shut down.

I'd think most people would say something that seems like cronyism is an unwritten rule of what not to do. Yet that's a [big] part of Sam's legacy, no? Of course I'm assuming things about the Loopt acquisition, but it never did look right.