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Flexport’s charismatic Ryan Petersen has wooed investors again – and raised another $110m – giving the start-up a valuation of $800m. According to TechCrunch (Flexport wouldn’t comment), Flexport had received offers valuing it at more than $1bn, but decided that was a bit too much, in case the market sank. Flexport has 400 staff now, and expects revenues this year of $500m with a business model – according to TechCrunch – that has seen it shave five days off travel ...
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Comment on this article
Nick Coverdale
October 06, 2017 at 2:06 pm” Flexport co-founder Ryan Petersen is a favorite amongst investors. “He’s a machine,” said one of TechCrunch’s sources ”
When I worked in the city of London every office had a machine for shilling you got tea or coffee , these investors for each million will be lucky if they get that .