This document provides an overview of entrepreneurship in the intelligent transportation systems sector over the past decade. It discusses how entrepreneurs have helped drive innovation and transformation in transportation technologies, such as connected and autonomous vehicles, in the same way entrepreneurs revolutionized transportation in previous centuries through innovations like canals, railroads, automobiles, airlines, and more. The document argues that while large corporations and government agencies also play important roles, entrepreneurs are uniquely motivated to take risks and achieve successes that disrupt outdated systems and help transportation systems to continuously evolve. It notes that entrepreneurship will continue to be important for the ongoing transformation of intelligent transportation.