Goodbye 2020, hello 2018?
Recent forays by Greenbriar and BlackRock into cash-burning digital freight brokerages reveal a shifting landscape for capital across asset classes that holds profound implications for venture capital-backed freight tech startups.
An enormous mountain of dry powder needs to be put to work by private equity investors who are increasingly turning to venture capital-style investments in startups. That capital will fuel growth at the next round of digital freight brokerages...