Comment / Flexport + Shopify Logistics – it's a 'traditional venture capital playbook'

ID 56500012 © Paul Topp | Dreamstime.com

A week that started for us with Mr Joy’s musings on California – “Burning – or dreaming or sinking?” – couldn’t enjoy any happier ending, than me gladly sharing this Friday our Premium feedback on the “big news“, in Flexport CEO David Clark’s own words, disclosed on Thursday, 4 May.

The San Francisco-based forwarder is acquiring Shopify Logistics (SL), including the business of San Francisco’s Deliverr, which was taken over by Canada’s Shopify last summer in a self-defined “Holy Ship!” deal ...