Mark Jacobstein: Out of the Loopt, into CRV

Mark Jacobstein: Out of the Loopt, into CRV

Mark Jacobstein, a serial entrepreneur, is leaving a top position at Loopt, a mobile social mapping company, to become an entrepreneur-in-residence at Charles River Ventures.

The move is surprising because Silicon Valley’s Loopt is widely seen as an exciting young startup, having announced a major distribution deal with Sprint in July — the first ever mobile social site to land a deal with a national carrier.

Loopt lets friends share their location and status with each other,… Continue Reading