Lots of money chasing too few ideas marked 2020 freight-tech investment: Larkin

The rise of SPACs as well as private equity getting into early stage investment were features of the investment landscape this past year, according to the industry veteran.

The red-hot freight-tech investment world of 2020 was “frothy,” marked by “more money than there are good ideas.”

That’s the view of John Larkin, a trucking and freight industry legend who jumped from being a sell-side analyst at Stifel in 2019 to joining the transportation group at the investment firm of Clarendon. He sat...

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