What happened to Fitch's steamboat business?

Fitch's steamboat business, founded by inventor John Fitch in the late 18th century, faced significant challenges, including technical difficulties, financial struggles, and competition from other transportation methods. Although Fitch successfully launched the first commercially viable steamboat in 1787, he encountered resistance from investors and established interests in the shipping industry. Ultimately, his business failed, and Fitch died in relative obscurity, with his contributions to steamboat technology being largely overshadowed by later developments in the field.