On-demand shipping/delivery startup Shyp, which raised a total of ~$63M, is ending operations and laying off all its employees (Harry McCracken/Fast Company)

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Harry McCracken / Fast Company:
On-demand shipping/delivery startup Shyp, which raised a total of ~$63M, is ending operations and laying off all its employees  —  The company that hoped to revolutionize shipping is ending operations today-a poster child for a whole era of venture-funded ideas that has come and gone.