Outbox fizzles, CEO blames USPS

An Austin based startup that promised to revolutionize the way Americans read postal mail is going out of business. Outbox was founded by a pair of Harvard Business School graduates with little or no actual business experience, Evan Baehr and Will Davis. CEO Baehr’s resumeconsists almost entirely of time spent on the federal payroll, or at right wing lobbying organizations.

Despite the absence of work experience, investors backed the company, and it began small scale operations in Austin in 2011, later expanding to San Francisco. But they had a problem, as the founders explain on their blog:

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