I wonder why they didn't op for merger or acquisition . . . and what they're planning next. I remember meeting them early on in 2013, they seemed waaay ahead of Uber and Lyft.
Founder had previous exit, could be why they didn't capitalize as much (though that's pure speculation). They're probably just restructuring and using existing technology for another company.
Why would a founder with a previous exit not want to capitalize as much, especially when the two major players are so heavily capitalized?