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SaaS Interviews with CEOs, Startups, Founders

FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 1 January 2021

⏱️ 24 minutes

🧾️ Download transcript

Summary

Logistics and innovation run through Oren’s veins. Following his parents’ footsteps, who created their own freight forwarder after years with Foreman’s van line, he founded his own 100-truck fleet at age 20, providing white-glove freight service throughout the U.S. and Canada. Next came SolSource, Oren’s first brokerage, which services major clients like Whole Foods and opened his eyes to the unnecessary complications and inefficiencies of LTL shipping.

Now, after 20+ years in freight, Oren’s built the solution that’s revolutionizing the freight industry: Shared truckload.

Transcript

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0:00.0

if I sell it $2 and I buy at $1, by low, sell high, like the real estate guys tell us,

0:05.1

then we have for freight, like 50% margin potential in an industry that supports like 10 to 12.

0:13.3

So we have many times higher margin potential than anybody ever in freight before because of this

0:18.1

financial arbitrage that gets unlocked.

0:21.6

You are listening to conversationsations with Nathan Latka.

0:25.8

Now, if you're hearing this, it means you're not currently on our subscriber feed.

0:30.2

To subscribe, go to getlatka.com.

0:34.0

When you subscribe, you won't hear ads like this one.

0:37.8

You'll get the full interviews.

0:39.8

Right now, you're only hearing partial interviews.

0:42.6

And you'll get interviews three weeks earlier from founders, thinkers, and people I find interesting.

0:49.5

Like Eric Wan, 18 months before he took Zoom public.

0:53.6

We got to grow faster.

0:55.4

Minimum is 100% over the past several years.

0:58.4

Or bootstrap founders like Vivek of QuestionPro.

1:01.5

When I start the company, it was not cool to raise.

1:03.9

Or Looker's CEO Frank Bean before Google acquired his company for $2.6 billion.

1:08.9

We want to see a real pervasive data culture, and then

1:12.4

the rest flows behind that. If you'd like to subscribe, go to gitlatka.com. There, you'll find a

1:19.8

private RSS feed that you can add to your favorite podcast listening tool, along with other

1:24.7

subscriber-only content. Now look, I never want money to be the reason you can't listen to episodes.

1:31.2

On the checkout page, you'll see an option to request free access.

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