"Your company is theoretically worth at least as much as theirs." Maybe. Having worked in the auto industry (albeit well over a decade ago), it is one of thos

"Your company is theoretically worth at least as much as theirs." Maybe. Having worked in the auto industry (albeit well over a decade ago), it is one of those industries where connections, and knowing how to navigate the relationships, goes a long way. I don't know much about either of these companies, or their founders, but in B2B scenarios like this, the value is often related to much more than just the underlying technology. If I were Smartcar, I would look closely at relationships, physical and virtual proximity to major automotive players, and how their suppliers prefer to do business. And, perhaps they already have...