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Atmrix

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SA

Sam Altman

12/26/16

@ Y Combinator

The shipping brokerage market is valued at $150 billion annually, presenting a lucrative opportunity for disruption through technology.

Video

YC

Pitch Practice with Paul Buchheit and Sam Altman at Startup School SV 2016

@ Y Combinator

Pitch Practice with Paul Buchheit and Sam Altman at Startup School SV 2016

12/26/16

Related Takeaways

YC

Y Combinator Cast

12/26/16

@ Y Combinator

The charter broker market is about $150 billion, and the shipping market is in the trillions, making it one of the largest drivers of worldwide GDP.

SA

Sam Altman

12/26/16

@ Y Combinator

Sam Altman emphasizes that the shipping industry has not yet adopted effective technology, leaving a significant market opportunity for startups like Shipamax.

YC

Y Combinator Cast

04/25/24

@ Y Combinator

The trend is shifting towards tech-enabled non-software businesses, like Flexport, which uses software to streamline freight brokerage operations.

a

a16z Cast

04/03/25

@ a16z

The BPO industry is valued at $300 billion today, with projections to exceed $500 billion by 2030, driven by the increasing demand for efficient operations in large enterprises.

JB

Jenna Brown

12/26/16

@ Y Combinator

The potential revenue from a deal with a large energy trading company could reach $15 million annually for Shipamax.

SA

Sam Altman

12/26/16

@ Y Combinator

Sam Altman believes that the combination of human brokers and advanced software will create a more efficient shipping experience for customers.

YC

Y Combinator Cast

12/26/16

@ Y Combinator

Our biggest expense will be paying brokers' salaries and commissions, but we believe we can make them 100 times more efficient with software due to the industry's inefficiencies.

VT

Vlad Tenev

12/19/24

@ Sequoia Capital

The brokerage industry was disrupted when all major competitors dropped commissions to zero, which was unexpected and unprecedented.

YC

Y Combinator Cast

06/28/24

@ Y Combinator

The future may see a proliferation of companies worth a billion dollars or more, driven by the ability of individuals to leverage technology and resources effectively.