This keynote chat recap is from FreightWaves’ North American Logistics Tech Summit on Wednesday.
KEYNOTE CHAT TOPIC: How hot is the freight market in 2021?
DETAILS: In a keynote chat with FreightWaves Executive Publisher Kevin Hill, Dynamo Ventures founding partner Santosh Sankar predicts ocean freight will continue to have problems until the threat of economic security is taken seriously.
SPEAKER: Sankar is a founding partner of Dynamo Ventures.
BIO: Sankar invests in enterprise, seed-stage startups in supply chain and mobility.
KEY QUOTES FROM SANKAR
“The venture market is super hot and some people are funding it without paying attention to some of the distinctions. We like to take some of the great parts of West Coast venture investing with some of the pragmatism you’ll find in New York or in Europe.”
“We’re entering into this golden age of supply chain technology where you’ve had a first generation of technology-oriented business. Now you’re getting to this point where you have large generalist investors and venture capital saying, ‘We need to invest there.’”
“I don’t believe we’re going to see the container mess unfold for another year. I think we’re going to continue to see a lot of turmoil at our ports. I think you’re going to see an economic security question raised. Are we investing enough? Are we modernizing our terminals?”