Think Latitude took a long time to deliver the app and during that time I certainly had my doubts about their capabilities and commitment, but they have completed the build and submitted it for approval as witnessed by the appeArance of the App in Google. I could certainly see people wondering what the CEO had been doing during that extended time as there appeared to be minimal progress, but the CEO wasn’t the one writing the code and was just reporting on it. He did do an excellent job of raising the funds to pay for the project to be completed. I think that the most recent news and evidence that proves the project status ought to give him the benefit of the doubt. Also look at the people he was able to bring in to help with the beta launch and marketing of the product. The guy he has leading the marketing built a bunch of companies for venture firms, including one for Bain. Sounds like the CEO got the app built and has surrounded himself with good people who have expertise in areas where he doesn’t. That has to account for something. I think everyone needs to hold off on the negative stuff and see what happens with Apple.
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