Loopt needs to look to be acquired or abandon the idea of a mobile only social network and focus on leveraging services like Facebook connect. Although there l

Loopt needs to look to be acquired or abandon the idea of a mobile only social network and focus on leveraging services like Facebook connect. Although there level of funding might make it difficult, I also think they're a great target for Facebook. In any case, this will be a large space and there is room for multiple players.