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Do shipping logistics Do you need a one-stop shop? This is Flexport’s opinion, and this is perhaps one of the reasons why Convoy has not succeeded; However, it may be too early to take this approach in Latin America. On the other hand, investors still seem willing to back startups that help people drink less alcohol, as long as artificial intelligence is involved.
By the way, this post will be on hiatus next week, but I’ll be back on December 2nd. I
Lessons to learn?
Entrepreneurs often write a post-mortem after their companies close or sell, but it is less common for acquirers to draw these lessons as well. However, this is what happened to Convoy, a failed digital shipping company Which is the backbone of technology – including a few team members – is being acquired by Flexport.
in note Quoted by FreightWaves, Flexport CEO Ryan Petersen explained that while he was keen to buy Convoy because of the “amazing technology stack” it had built, he wasn’t buying its strategy.