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The billion $ lift for Flexport
One of the things that made Flexport what it is today is that they were not dogmatic around being a software company. They are attempting to write a very hard set of rules that are universally applicable to deal with the complexities of the global freight industry. And Flexport just got what it was looking for a billion-dollar investment to realize its dream. On February 21 when SoftBank announced that it is investing a billion dollar in Flexport led by its investment vehicle, the $100 billion Vision Fund, Flexport founder and chief executive Ryan Petersen published a blog post in Flexport detailing what the billion-dollar investment means to Flexport and for the global freight industry.
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