Trucking startup Convoy closes operations with no buyer
(Ex-)Convoy engineer here. No mystery as to why this happened, sudden tight market and low available capital demolished us. External reasons given in the article were the same we knew and couldn't do anything about considering that none of the M&A options materialized.<p>Detailed the shutdown on a call at 8:30am Pacific this morning. CEO said there'll be no severance or healthcare.<p>Lot of talented folks in Seattle and beyond who'll be looking for new gigs.