Legal marijuana sales totaled $6.7B in 2016, and grew to $10B a year later

in #marihuana6 years ago (edited)

There are nearly 1,000 marijuana startups on AngelList, with an average valuation of $4.1M (if you take out high flying Eaze and Baker) but only 100 job opportunities open today. 🍁

Meanwhile, Flexport's long list of open positions is comparable to the entire cannabis industry on AngelList put together. 📈

The five year-old startup is innovating in the trillion-dollar freight forwarding industry, facilitating a complex logistical networks of trucks, trains, ships, and airplanes all over the world on land, sea, and in the air.

Until recently, this was being done through a series of faxes, emails, and Excel spreadsheets before Flexport came along and indexed all the available carriers into a searchable database, offering free easy to use software that handles everything at scale.

In 2016, TechCrunch's Josh Constine called Flexport “The unsexiest trillion-dollar startup” – referring to the vastness of the opportunity that's ahead. For context: the global logistics industry is $8 trillion and expanding, and the opportunity to innovate has never been greater.

Below are some of the "unsexy" startups that are building software for trillion dollar industries that are ripe for innovation. Check out the full-list on AngelList.

P.S. Keep your Talent profile updated in case the right opportunity comes knocking your way.

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