Small VC firms require deep trust, mutual support, and long-term commitment among the partners —a kinship that, in many ways, resembles a family dynamic. Colin Anderson (Palantir’s ex-CFO and former research VP at Peter Thiel’s Clarium Capi…
Flexport, a logistics company with $2.7 billion in funding, is reportedly planning additional layoffs. © 2024 TechCrunch. All rights reserved. For personal use only.
In the dynamic landscape of African international trade, a prevalent challenge looms large: A mere 30% of trade volumes find financial intermediaries in banks. This glaring gap in financing disproportionately impacts small and medium-sized enterprises …
Flexport CEO Ryan Petersen made it clear that while he was keen on buying Convoy because of the “incredible tech stack” it built, he wasn’t buying its strategy. © 2023 TechCrunch. All rights reserved. For personal use only.
Supply chain logistics platform Flexport is acquiring the assets of shuttered digital freight network Convoy, according to a memo Flexport CEO Ryan Peterson sent to staff Wednesday. Flexport will restore Convoy’s trucking logistics services for c…
Supply chain logistics platform Flexport is acquiring the assets of shuttered digital freight network Convoy, according to a memo Flexport CEO Ryan Peterson sent to staff Wednesday. Flexport will restore Convoy’s trucking logistics services for c…
Flexport founder Ryan Petersen said in September — in the wake of his hand-picked CEO’s sudden departure — that the logistics company needed to get its house in order. It started with Petersen rescinding dozens of employment offers and looking to…
Dave Clark, the former Amazon executive who was ousted as CEO of Flexport just a year into the job, fired back at its founder and board, calling recent reporting on the logistics company “deeply concerning.” Clark made the comments Monday i…
When Flexport founder Ryan Petersen picked Amazon consumer chief Dave Clark to lead the buzzy freight forwarding and logistics startup, he noted that they needed an “entrepreneur” and a builder, not another executive. It seems the pair had …
Flexport founder Ryan Petersen has joined venture capital firm Founders Fund as a partner, as reported by Forbes earlier today. Founders Fund confirmed the move to TechCrunch, providing the following statement from General Partner Trae Stephens: “We’ve always struggled to define the quintessential Founders Fund founder. Clearly, it’s Ryan. We’re thrilled to welcome him to…
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