During a pitch a prominent VC once told us the market size for global logistics was only $6B.
My CFO’s response: “So you’re saying it’s smaller than the market for USB cables?”
love this piece - the micro fulfillment space is starting to gain traction. massive 200k+ sqft warehouses are no longer feasible for metropolitans. decentralization is the future to access large sku counts and reducing fulfillment time
Since the onset of the pandemic over $2bn has been invested into vertically integrated, micro-convenience delivery startups.
Turns out, selling a limited set of fresh items alongside shelf-stable pantry & household essentials at a ~50% gross margin is a great biz model. 1/