FLLLLLLLLLL

I nearly fell off my chair when Flexport chief executive Ryan Petersen yesterday told me the $1bn funding round he had just secured is only the first milestone to a market valuation where the long-term limit is the sky.

When asked to comment on market reports, which vaguely suggested that the start-up’s implicit value is currently a tad over $3bn, I asked him “why on earth only $3bn – why not $6bn or $9bn or more?”

After all, just tweak up the 5-15-year ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium

Or buy full access to this story only for £15.00

Please login to activate the purchase link or sign up here to register an account

Premium subscriber
New Premium subscriber REGISTER

Comment on this article


You must be logged in to post a comment.