Flexport's Ryan Petersen on returning as CEO, global logistics in a time of conflict & more | E1881
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 16 January 2024
⏱️ 76 minutes
🧾️ Download transcript
Summary
This Week in Startups is brought to you by…
Curotec. Are you one of those companies that knows you need to be using AI, but you're not even sure where to start? Well then you need Curotec. They are AI experts, and they're offering TWiST listeners an AI Strategy Roadmap tailored to your business for $5000. That's 50% off the normal cost just for telling them we sent you. Check out curotec.com/twist and get $5000 off!
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Ketone-IQ is a clean energy boost without sugar or caffeine. Get 30% off your first subscription order of Ketone-IQ at http://hvmn.com/TWIST
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Today’s show:
Flexport's Ryan Petersen joins Jason to discuss the economics of "pick and pack" (5:42), factory-to-consumer effects (16:00), the impact of the Red Sea crisis (24:14), Flexport's leadership changes (35:11), and much more!
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Timestamps:
(0:00) Flexport’s Ryan Petersen joins Jason
(1:19) Ryan explains Flexport and the companies focus
(5:42) The Economics of Pick and Pack - Shipping Directly from China to Customer
(11:15) Miro - Sign up for a free account at https://miro.com/startups
(12:31) The Origin of Pick and Pack in Global Logistics
(16:00) Factory-to-Consumer Effects on Fulfillment Centers and Product Quality
(22:50) Curotec - Check out http://curotec.com/twist and get $5000 off
(24:14) Analyzing the Impact of the Red Sea Crisis on Shipping
(29:35) The Trend of Companies Sourcing from Factories Outside China
(33:58) Ketone-IQ - Get 30% off your first subscription order of Ketone-IQ at http://hvmn.com/TWIST
(35:11) Inside the Flexport CEO Drama and Leadership Challenges
(42:28) How the Market Collapse Influenced Flexport's CEO Transition
(47:51) Deciding When a Company Should Go Public
(52:07) The State of the Global Workforce and Remote Work in Today's World
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Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp
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LINKS:
https://www.freightwaves.com/news/flexport-acquires-shopifys-fulfillment-business
https://www.oberlo.com/blog/what-is-epacket-delivery
https://www.youtube.com/watch?v=BubAF7KSs64
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Thanks to our partners:
(11:15) Miro - Sign up for a free account at https://miro.com/startups
(22:50) Curotec - Check out http://curotec.com/twist and get $5000 off
(33:58) Ketone-IQ - Get 30% off your first subscription order of Ketone-IQ at http://hvmn.com/TWIST
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Follow at:
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LinkedIn:
https://www.linkedin.com/in/jasoncalacanis
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Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland
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Check out Jason’s suite of newsletters: https://substack.com/@calacanis
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Follow TWiST:
Substack: https://twistartups.substack.com
Twitter: https://twitter.com/TWiStartups
YouTube: https://www.youtube.com/thisweekin
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Transcript
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| 0:00.0 | I lived in China 18, 19 years ago for a couple of years and I was always predicting back that |
| 0:07.0 | that hey once these Chinese companies figure out how to do branding they're going to take over the world |
| 0:11.1 | because they make they make the product and then I slap my brand on the thing and |
| 0:14.6 | market up five X and I get all the hard. They can learn UX UI design I always |
| 0:18.8 | said this about Israeli's starting to do it you know That's what's happening right now. |
| 0:24.2 | This weekend startups is brought to you by |
| 0:26.7 | Miro helps take ideas from in your head to out there in the world with its ability to |
| 0:32.2 | democratize collaboration and input. |
| 0:35.0 | Sign up for free at meiro.com slash startups. |
| 0:40.0 | Curotech, are you one of those companies that knows you need to be using AI, but you're not even sure where to start? |
| 0:45.5 | Well, then you need Curotech. |
| 0:47.2 | They are AI experts, and they're offering Twist Listeners an AI strategy roadmap tailored to your business for $5,000. |
| 0:54.8 | That's 50% off the normal cost just for telling them we sent you. |
| 0:58.8 | Check out Curotech.com slash Twist and get five thousand dollars off and |
| 1:04.4 | key tone IQ is a clean energy boost without sugar or caffeine |
| 1:09.2 | Get 30% off your first subscription order of ketone IQ at HVMN. |
| 1:17.0 | dot com slash twist. |
| 1:19.0 | All right, everybody, welcome back to this week in startups fan favorite is back on the program Ryan Peterson is the CEO and |
| 1:26.5 | co-founder of Flexport. Back on the show for the second time you've seen him on the All-In |
| 1:30.3 | podcast two or three times, speaks at the All-In Summit. |
| 1:33.4 | He was last on this podcast, this week and start up on episode 1169 back in February of 2021. |
| 1:39.9 | That was peak pandemic days, and that was 700 episodes, if you can imagine. |
... |
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