Earlier quoted context omitted.
I'm so fucking sexy then :p
Sorry for the downvotes - it’s early and the caffeine and adderall is kicking in. Your joke was funny.
no worries :D
Freight startup Flexport soars from ‘unsexy’ to $800M valuation
21–30 of 136 posts
Re: Freight startup Flexport soars from ‘unsexy’ to $800M valuation
#22What about Amazon? they had a some similar plan, to become a global logistics network. And it's highly likely they'll be a competitor to flexport ? What's Flexport's advantage in that case ?
I mean I'm not in the shipping industry, but I'd guess it'd be a long while before Amazon becomes very focused/involved in the particulars of the container shipping industry, where Flexport is focused. Amazon has a lot of other stuff on their plate to tackle. If Amazon ever becomes such a large percentage of global trade that they can actually make use of a whole fleet of container ships then maybe. But for now, just…
>If Amazon ever becomes such a large percentage of global trade that they can actually make use of a whole fleet of container ships then maybe.
By the time Amazon becomes a large percentage of global trade, Alibaba will already be in double digits.
And remember who has more shipping data to run algos on. In addition, Alibaba already owns an own 3PL operation, and an "Order a container shipment in 1 minute" from 1688
Re: Freight startup Flexport soars from ‘unsexy’ to $800M valuation
#23From the article: "Flexport wholistically analyzes all its data to optimize shipping routes and simplify relationships with ports, truck drivers and anyone else that touches a container". wholistically? ouch.
It's a word. I didn't know that, until I just looked. It's a variant spelling of holistic. I actually like it better than holistic, since the base word is more recognizable. P.S. At least I assume the "ouch" was about it being a misspelling. Maybe I'm wrong.
Holistic is a strange word anyway because it's a Latin suffix tacked onto a Germanic base. At least to my ears, it sounds wrong for that reason.
If someone tasked me to come up with a replacement word, I might suggest "integralist". As in "holistic approach" -> "integralist approach", etc.
Re: Freight startup Flexport soars from ‘unsexy’ to $800M valuation
#24Much needed publicity for the whole "unsexy" supply chain startup industry. We're in that space too, and we're hiring in Seattle. Ask away, or contact through my profile
What kind of experience are you looking for a software developing position? Any internships opportunities for a CS indergrad with a statistics minor?
Re: Freight startup Flexport soars from ‘unsexy’ to $800M valuation
#25"And while investors were happily offering it a valuation of $1 billion or more, Petersen didn’t want to get in over his head and risk a down-round later if the market stumbled."
This is straight out of Silicon Valley (the show)... why wouldn't you take the best valuation for your company?
Re: Freight startup Flexport soars from ‘unsexy’ to $800M valuation
#26"And while investors were happily offering it a valuation of $1 billion or more, Petersen didn’t want to get in over his head and risk a down-round later if the market stumbled." This is straight out of Silicon Valley (the show)... why wouldn't you take the best valuation for your company?
Likely because the lower valuation comes with better terms or lower expectations.
Re: Freight startup Flexport soars from ‘unsexy’ to $800M valuation
#27From the article: "Flexport wholistically analyzes all its data to optimize shipping routes and simplify relationships with ports, truck drivers and anyone else that touches a container". wholistically? ouch.
It's a word. I didn't know that, until I just looked. It's a variant spelling of holistic. I actually like it better than holistic, since the base word is more recognizable. P.S. At least I assume the "ouch" was about it being a misspelling. Maybe I'm wrong.
> the base word
Is it really the same word? holistic comes from Greek ὅλος, whereas whole is a word of Germanic origin.
Of course that doesn't mean they aren't from the same Indo-European root — after all, whole certainly has cognates in many languages with the same meaning, such as Russian целый. But Wiktionary tells me that whole is from Proto-Indo-European ٭kóylos, whereas holistic is from PIE ٭solh₂wós.
In any case, the initial w in whole is an innovation in Early Modern English without etymological justification, so a more logical choice to emphasize the similarity would be to revert to the spelling hole.
Re: Freight startup Flexport soars from ‘unsexy’ to $800M valuation
#28Congrats. I remember watching Flexport get pitched to PG and Sam Altman during open 'Office Hours' at Startup School in 2013. https://youtu.be/syoqjYLDs48?t=19m30s
Wow that was extremely impressive. You could tell he had a lot of experience in the industry, because he knew a surprising amount off the top of his head.
Re: Freight startup Flexport soars from ‘unsexy’ to $800M valuation
#29"And while investors were happily offering it a valuation of $1 billion or more, Petersen didn’t want to get in over his head and risk a down-round later if the market stumbled." This is straight out of Silicon Valley (the show)... why wouldn't you take the best valuation for your company?
Does best mean "highest" or "most accurate"?