Ryan Petersen, Founder and CEO of Flexport, shares insights from his remarkable journey in global supply chain technology. He emphasizes the importance of velocity over mere speed in scaling businesses and discusses how money can lead to inefficiencies post-fundraising. Ryan reflects on his leadership lessons, the intricacies of resource allocation, and the future of trade dynamics with China. Furthermore, he delves into the impact of AI on Flexport's operations and the balance between career and family life, stressing the importance of personal values over financial success.

Ryan Petersen, is the CEO of Flexport, ac ompany that builds software that integrates all the different shipping vendor systems you might run into as you try to get a product from a factory in China to a consumer in Idaho: rail, sea, truck. We’ve talked about the supply chain and inventory management on Decoder with a lot of our guests — the chip shortage seems to affect every company, and sorting out how to get products made and delivered on time is a pretty universal problem. But we haven’t really talked about how products get from one place to another around the world. So I wanted to talk to Ryan, figure out what Flexport’s role in all this is, what his bigger supply chain solutions would be, and why he’s leaving his job as CEO to be executive chairman and handing the reins to Dave Clark, who used to work at Amazon.Links:Dave Clark to Join Flexport As Our New CEOFlexport Wants to Be Uber of the OceansAt Google, Eric Schmidt Wrote the Book on Adult SupervisionThe real story behind a tech founder’s ‘tweetstorm that saves Christmas’Ryan's twitter threadTranscript:https://www.theverge.com/e/23126062Credits:Decoder is a production of The Verge, and part of the Vox Media Podcast Network.Today’s episode was produced by Creighton DeSimone and Jackie McDermott and it was edited by Callie Wright.The Decoder music is by Breakmaster Cylinder. Our Sr Audio Director is Andrew Marino. Our Editorial Director is Brooke Minters. And our Executive Producer is Eleanor Donovan.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ryan Petersen, Founder and CEO of Flexport, shares his journey in modernizing the freight forwarding industry with technology. He dives into the significance of structured data and genuine middlemen in logistics. Overcoming challenges during the pandemic, he emphasizes the need for operational enhancements and a customer-centric culture. Petersen also discusses the sacrifices that come with entrepreneurship, the importance of mental health, and how storytelling fuels business growth.

In this engaging conversation, Ryan Petersen, Co-CEO and Founder of Flexport, dives into the urgent need for improving supply chain resiliency. He explains how e-commerce has shifted control to consumers, creating challenges for traditional logistics. Ryan shares insights on leveraging Amazon's innovative strategies and the role of customs brokerage in adapting to complexities. He emphasizes the significance of technology and data science in transforming supply chains for efficiency and resilience, especially with the holiday shopping season around the corner.

Ryan Petersen, CEO of Flexport, joins Jason to discuss the economics of 'pick and pack', factory-to-consumer effects, the impact of the Red Sea crisis, and Flexport's leadership changes.

Ryan Petersen, founder and CEO of Flexport, shares his insights into the fragmented world of international freight shipping. He dives into the history of shipping container standardization and highlights the inefficiencies that persist in global trade. Petersen discusses the challenges posed by maritime law, as well as the hidden profit opportunities within the freight forwarding industry. He advocates for innovative solutions, better data management, and the importance of digitizing processes to enhance operational efficiency and meet modern consumer demands.

Flexport CEO Ryan Petersen, discusses supply chain breakdowns, scaling freight forwarding businesses, deglobalization vs international trade. Also, explores challenges in logistics integration, global shipping dynamics, contrarian approach to AI, and management challenges in business operations.

0:00 Sacks' shining moment 2:34 Bestie Guestie Ryan Petersen joins to break down the supply chain situation: core issues, solutions, things to look out for 45:49 $FB's major pullback: causes, headwinds, and why going all-in on the Metaverse might have been a "frothy market mistake" 55:28 Breaking down the competition in the "XR Wars": Meta, Apple, Microsoft and Google; why a phone might have been a better $10B/year bet for Facebook, Google's strategic brilliance 1:09:14 Spotify's Joe Rogan situation: positions, speech rights, division amongst free speech 1:23:08 Reflection on Baby Boomers' transition from radically free speech and anti-government to authoritarian, misinformation changing over time, using science to discredit science 1:30:10 Xi Jinping and Putin are deepening their relationship: what does this mean for the world, and how should the US strategically respond? Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Intro Video Credit: https://twitter.com/TheZachEffect Referenced in the show: https://www.google.com/finance/quote/INGR:NYSE https://www.forbes.com/sites/stevebanker/2021/04/23/walmarts-massive-investment-in-a-supply-chain-transformation/?sh=41a6b18340ed https://www.cnbc.com/2022/01/20/peloton-to-pause-production-of-its-bikes-treadmills-as-demand-wanes.html https://twitter.com/typesfast/status/1451543776992845834 https://www.google.com/finance/quote/FB:NASDAQ https://www.cnbc.com/2022/02/02/meta-reality-labs-reports-10-billion-loss.html https://www.cnbc.com/2022/02/02/facebook-says-apple-ios-privacy-change-will-cost-10-billion-this-year.html https://www.google.com/finance/quote/PYPL:NASDAQ https://www.google.com/finance/quote/SNAP:NYSE https://www.cnbc.com/2022/02/03/facebook-and-google-stocks-have-diverged-and-the-reason-is-apple.html https://twitter.com/GavinSBaker/status/1462831115572596744 https://www.google.com/finance/quote/NFLX:NASDAQ https://www.google.com/finance/quote/AMZN:NASDAQ https://twitter.com/DavidSacks/status/1489321225520238592 https://bariweiss.substack.com/p/get-ready-for-the-no-buy-list https://www.nytimes.com/2022/01/26/arts/music/spotify-neil-young-joe-rogan.html https://www.theverge.com/2022/2/3/22915456/spotify-ceo-joe-rogan-daniel-ek-town-hall-speech-platform-podcast https://www.dailymail.co.uk/news/article-10475473/Barack-Michelle-Obama-preparing-shop-new-podcast-partner-amid-outcry-Joe-Rogan.html https://www.washingtonpost.com/arts-entertainment/2022/02/02/spotify-rogan-white-house-covid-misinformation https://twitter.com/ggreenwald/status/1488252747489202181 https://twitter.com/ggreenwald/status/1489258034865971205 https://www.thewrap.com/tucker-carlson-liberal-viewership-fox-news https://twitter.com/echeloninsights/status/1487118055582965762 https://twitter.com/MonmouthPoll/status/1488180589505167372 https://www.wsj.com/articles/russias-vladimir-putin-meets-with-chinese-leader-xi-jinping-in-beijing-11643966743 https://www.voltairenet.org/article215540.html

Ryan Petersen, founder and CEO of Flexport, shares his journey from importing motorcycles to leading a billion-dollar logistics company. He dives into the chaotic supply chain disruptions during the pandemic, revealing how Flexport leveraged technology to tackle age-old industry issues. Petersen also discusses creating a children's book inspired by global trade, and explores the complexities of labor unions in U.S. ports. His insights on innovative strategies during COVID-19 highlight the importance of adaptability and relationships in the fast-evolving logistics landscape.

Founder and CEO of Flexport, Ryan Petersen, shares insights on why MBA's can be good entrepreneurs, his experience as a single founder, and the challenges of fundraising. He discusses the importance of strategic boards and rethinking traditional setups. Petersen also touches on building a successful business over high valuations and Flexport's future vision as the trade operating system.