Watch out Flexport, Dan already ran one company to the ground and he’s fully capable at ruin another one again. No one at Convoy trusted his leadership.
Looks prime for acquisition.
How do they acquire it if it’s already dissolved? Does that mean their employees have jobs at flexport?
Well with transportation market being down, both companies will probably drown together… transportation Companies merely using tech - claim to be asset light - are trying to turn around things, which isnt feasible in logistics market…
Phew! I was worried Dan wasn’t going to land on his feet after laying everyone off with no notice or severance.
Dan made sure to take care of himself. I’m sure Flexport really needed the executive that ran the company into the ground
They’ve aquired the tech stack, not the company. Dan Lewis and a few engineers have been hired. Wonder how that goes down after screwing so many employees out of severence.
Ryan is running another company to ground. So looks like a match.
two negatives make a positive obviously
but we already have shopfiy logistics, three negatives still make negative