Flexport CEO Ryan Petersen on "going big" with a $1B funding round, pandemic lessons | E1169

Check out Flexport: https://www.flexport.com

FOLLOW Ryan: https://twitter.com/typesfast

FOLLOW Jason: https://linktr.ee/calacanis

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Show notes:

0:00 Start

0:49 Jason on the “Tahoe Episodes” & reasons for hope

3:16 Jason intros Ryan Petersen & he explains Flexport’s origins & typical transaction process

12:59 Squarespace - Go to https://squarespace.com/twist for a free trial, and use code TWIST for 10% off

14:41 Ryan’s typing speed, QWERTY origins

18:35 Ryan explains how Flexport makes money, who its main customers are, how shipping payments typically go down & why old maritime law repels banks from financing shippers

26:40 LinkedIn Jobs - Post your first job free at https://www.linkedin.com/twist

28:15 At-scale mistakes leaving larger footprints, investors relations as an at-scale company

34:39 Ryan on his stellar investors, going big by raising $700M from SoftBank in a $1B round

38:43 Checkout.com - Learn more at https://checkout.com/twist

40:09 Scaling to 2000 employees

43:54 Lessons from working in shipping, which was greatly impacted by the pandemic, how Flexport onboarded hospitals to help source PPE

52:26 How US shipping infrastructure reacted to the pandemic

56:12 Ryan’s perspective on our working relationship with China, other up and coming countries

1:04:27 IPO discussion

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