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Never heard of this company. Thought it was another automated trucking company. Bloomberg profile of the company shows it’s actually a platform for truckers (fi
by xyst 3y ago
Never heard of this company. Thought it was another automated trucking company. Bloomberg profile of the company shows it’s actually a platform for truckers (finding “routes”), and larger companies to manage routes, their fleets, and status of delivery. Most of this appears to rely on GPS.
Not sure why this was valued at $3.8B. Wall Street investment bankers smoking crack while evaluating this one.
- paulddraper 3y ago> Never heard of this company. Well that puts you in a perfect position to value it.
- chadash 3y agoBecause trucking is an enormous industry and $3.8b is a tiny slice. Sure, it's a tough nut to crack, but if someone does crack it they can be worth a lot more than that.
- hshsbs84848 3y agoIt was basically Uber for truckers