Convoy promised to revolutionize freight — then it collapsed. What does this mean for Seattle’s startup scene? - Publication Date |
- Oct 26, 2023
- Episode Duration |
- 00:11:51
It takes a whole lot of trucks to get us the stuff we want. And one Seattle-area company thought it had the secret to handling these logistics. Convoy, a digital freight-and-shipping marketplace with an all-star list of investors, was a darling of the Pacific Northwest startup scene. And last week, to the surprise of hundreds of employees, customers, investors, and market analysts, Convoy suddenly collapsed.