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Phunware

10/02/19 11:14 AM

#2063 RE: Klinsmann #2062

We have done this for a decade while private and haven't even traded publicly for 10 months. We're happy to circle back on this topic in another decade as we aren't searching for any exit other than to grow our business and let the valuation correct itself as we go.

We will be profitable long before Uber, Lyft, Pinterest, WeWork and all the other overvalued "unicorns". Our focus is cash neutrality and self sufficiency, so we will see what happens over time. It's a marathon, though, not a sprint, and we are just getting started. Have a great day and week.