Facebook is the new social layer of the web, and it’s going to be for a long time. Adding geo data to this layer, which propagates everywhere, will bring us a new level of ubiquity and data to location services. There’s a huge opportunity in connecting Facebook’s community of 500 million+ users to the offline world … out in their cities, exploring places and finding close friends.

At Loopt, we plan to aggressively embrace Facebook’s Places API and systems to make our product stronger; our most recent product, Loopt Star, was 100% built on Facebook Connect. We’ve long seen the potential in bringing location to the Facebook community, and we respect the lifeblood both Facebook and Twitter will be able to pump into the location services space.

From a Loopt product perspective, our goal moving foward is to have the absolute best geo-based mobile application experience feeding into Facebook. Frankly, we’re fired up to see where we can take this.