The rise of ‘Vibe Coding’ and what that means for FreightTech

The epoch of bundle arsenic a moat is over. The epoch of “vibe coding” has begun. To find retired what that means for logistics, FreightWaves interviewed John Loser, co-founder and wide spouse of Floating Point Capital.

For Floating Point Capital, an early-stage task fund, the existent accidental lies successful backing founders who tin rebuild full industries from scratch utilizing artificial quality and technology-native concern models.

“Our wide thesis is that we unrecorded successful an property wherever bundle unsocial is progressively getting reasonably commoditized, and the existent worth instauration with exertion is figuring retired however to bash an aged concern better, faster, stronger by truly embedding exertion natively into everything they do,” said Loser.

Loser brings a founder’s position to task investing. Before launching Floating Point, helium helped physique Oscar Health from inception to IPO arsenic a founding squad member. He besides worked astatine Bridgewater Associates, the world’s largest hedge fund.

“I saw the concern from the different side. I was portion of a founding team, and we raised a ton of superior from task capitalists to physique an insurtech backmost successful the time earlier that was adjacent a connection that radical used, and astir radical conscionable thought we were a small crazy,” Loser said.

The steadfast raised its archetypal money successful aboriginal 2021 and focuses connected “full-stack businesses” operating successful analyzable bequest industries including wellness care, fiscal services and trucking. Logistics represents astir one-third of the portfolio.

The task scenery has shifted dramatically since 2021, Loser said. The crypto, non-fungible token (NFT) and metaverse hype collapsed successful 2023 and 2024, giving mode to what helium called “an expanding designation that existent businesses with existent concern models and real-world applications really mattered.”

“On 1 hand, you’ve had a radical of investors that truly are getting bigger and bigger and targeting a smaller and smaller fig of mega AI companies,” Loser said. “And past connected the different extreme, I deliberation there’s a designation that the aperture is simply a batch wider than it utilized to beryllium successful presumption of these questions astir what is simply a concern that’s venture-backable.”

Floating Point isn’t competing with the billions flowing into OpenAI oregon Anthropic. The steadfast targets founders applying exertion to alteration circumstantial industries.

“What gets america precise excited arsenic early-stage investors is the mode that immoderate of this exertion advancement that’s been truthful accelerated has unlocked wholly caller economical models for precise aged industries,” Loser said.