Comment / The Flexport revival – narrowing losses, falling paper value

ID 12298477 © Wynter1969 | Dreamstime.com

Yesterday, 12 November, was a glorious day for $140bn-market-cap Shopify (SHOP), its value surging +21% to $108.9 a share, a rather appealing trading level it took almost three years to reach again. By far the best performer in our US demo portfolio, too, for that matter.

One of the main investors in Flexport via its own deal-making, the cash-rich e-commerce platform disclosed as usual in SEC filings some details about the San Francisco-based investee run by Ryan Petersen. And sequential-loss-related findings, ...