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Re:Applications Open for Winter 2008 YC Funding by npk on Wednesday July 04, 2007 @12:07PM (#32468)
How advanced do prototypes have to be? For example, did loopt have a prototype? If not, how did they demonstrate their ability in embedded systems programming? If they did, did they bring in a hacked up cell phone?
Re:Applications Open for Winter 2008 YC Funding by pg on Wednesday July 04, 2007 @12:43PM (#32473)
The more the better, obviously, but you don't have to build anything. We would have funded Loopt after nothing more than talking to Sam about his plans.

I don't remember exactly how far they were along then. I think they may have had a simple app running on phones, but with simulated location info.