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<p>[QUOTE=&quot;johnpbrittboy, post: 11704914, member: 194930&quot;]At last round of funding, they had a market valuation of over $800 million.&nbsp; This is what happens when people who know nothing about the industry do a tech wrapper.&nbsp; They leave a lot on the table at 1.5% when looking at the factoring, but are way over valued at 6% when they are basically giving you factoring and some buzz words.</p><p>Basic math at a $20k month.&nbsp; 4.5% (6%-1.5% factoring fee) at $20k is $900.&nbsp; That is so over the top high you want to sputter.</p><p>And it is clear from their information they know very little about the industry.&nbsp; There are so many important parts of this that are never discussed but they have the tech buzzwords down.</p><p>But who would want a carrier that is in the 90th percentile on unsafe driving giving compliance advice.&nbsp; They are going to be audited.</p><p>I like the idea but put an experience carrier operations person with the tech.&nbsp; Not a guy who&#039;s family did trucking.[/QUOTE]</p><p><br /></p>

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