Convoy Grabs Big Tech Backers for 'Uber for Trucking'

The video discusses the challenges and opportunities in securing funding, especially in a market where public investments are not as frothy. It highlights the importance of having a big idea and a transformative business model. The conversation also touches on the valuation and investment terms, emphasizing the fairness and attractiveness of the deal. A comparison is made between different business models, such as Instacart and Convoy, to illustrate the importance of existing market structures. Finally, the video addresses the impact of regulations on the freight business and how technology can help navigate these challenges.

What is the significance of the existing business model in the context of the speaker's company?

In what way does the speaker believe technology can help in the freight business?