“The last money that we've raised at a 5.5 million valuation, and we're thinking about doing this 1.5 raise. We want to do it at a 7.5 million valuation”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Pierre Laguerre
PredictionDidn’t hold up
Laguerre: Autonomous trucking will initially operate via five-truck platooning systems
“In order for autonomous to really take a full effect, our entire infrastructure, we have to change number one, but however, I do see autonomous working early on for long distance load and how that worked is they're doing that through a platooning system.
Where…”
Pierre LaguerreMar 3, 2025▶ 8:52#89 A Big Bet on an Ex-Trucker
PredictionNot checkable as stated
Autonomous trucking will complement Fleeting by increasing final-mile driver demand
“Autonomous
does not
Pretty much affect our business, as a matter of fact, and complement our business, because trucking companies are, will be looking to hire a lot of part-time drivers to drive these truck off the ramps to their final destination.”
Pierre LaguerreMar 3, 2025▶ 9:34#89 A Big Bet on an Ex-Trucker
AssertionContradicted
Trucking firms leave 45% of assets unutilized, spend $20K per hire
“For trucking companies, 45% of their assets are being unutilized, and they're spending between 15 K to 20 K directly or indirectly to hire a truck driver.”
Pierre LaguerreMar 3, 2025▶ 2:11#89 A Big Bet on an Ex-Trucker
Disclosure
Laguerre: Fleeting charges $43/hour, pays drivers $27/hour, keeping 30% margin
“We charge our customers 43 dollars per hour, we pay our drivers 27 dollars per hour, and fleeting keeps a 30% margin.”
Pierre LaguerreMar 3, 2025▶ 5:26#89 A Big Bet on an Ex-Trucker
AssertionSupported
Carriers spend $15K to hire drivers who quit within 30 days
“Companies are spending 15 K to hire a driver, and they come to find out that driver quit in 30 days.”
Pierre LaguerreMar 3, 2025▶ 6:01#89 A Big Bet on an Ex-Trucker
AssertionNot checkable as stated
Laguerre: Fleeting does $82k MRR with 32% month-over-month growth
“We are doing about 82 K in monthly recurring revenue with a 32% more of a month growth.”
Pierre LaguerreMar 3, 2025▶ 3:12#89 A Big Bet on an Ex-Trucker
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