Time for moderation? | TechCrunch

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Does freight logistics want a one-stop store? That’s Flexport’s take, and perhaps that’s one of many the explanation why Convoy didn’t work out; nonetheless, it could be too early for this method in Latin America. On a unique be aware, traders nonetheless appear keen to assist startups that assist individuals drink much less alcohol, so long as there’s AI concerned.

By the best way, this article will likely be taking a break subsequent week, however I’ll be again December 2.— Anna

Classes to study?

Entrepreneurs typically write postmortems after shutting down or promoting their firms, however it’s much less widespread for these classes to be drawn by their acquirers as nicely. But, that’s what occurred to Convoy, a failed digital freight unicorn whose tech backbone — together with a number of workforce members — is being acquired by Flexport.

In a memo quoted by FreightWaves, Flexport CEO Ryan Petersen made it clear that whereas he was eager on shopping for Convoy due to the “unbelievable tech stack” it constructed, he was not shopping for its technique.