#54: Michael Wax Co-Founder and CEO of Forto

Michael Wax is the Co-Founder and CEO of Forto, Europe’s first digital freight forwarding company and the largest one as well. They are building the digital backbone for the multi-trillion global trade market and are currently at 1.2 billion valuation. They have raised a number of big rounds with the latest one, backed by SoftBank, which was 240 million. They are present in 14 locations worldwide and have about 600 people in a very short span of time.Discover more details here.Some of the highlights of the episode:How the idea for Forto came aboutThe future of the 3PL Industry 3-10 years from now- will Forto become one of the top 10?Forto’s interview structure and why is performance revenue structure essential- giving candidates a good hiring experience New way of measuring inflation- unemployment rate and increase in prices.Advice to people making the shift from a corporate type of job to a startup entrepreneurial typeFollow us on:Instagram: http://bit.ly/2Wba8v7Twitter: http://bit.ly/2WeulzXLinkedin: http://bit.ly/2w9YSQXFacebook: http://bit.ly/2HtryLd