The meltdown of transportation SPAC valuations is unrelenting. Here’s the story of one thriving autonomous trucking developer that stayed out of the rush-to-go-public frenzy.
Kodiak Robotics’ peace of being private
One autonomous trucking developer ignored the FOMO (fear of missing out) on the SPAC frenzy of 2020 and 2021. With valuations cratering for most companies that went public via special purpose acquisition companies, Kodiak Robotics is looking pretty smart.
It is hiring strategically...
https://www.freightwaves.com/news/how-kodiak-robotics-avoided-fomo-in-staying-private