Flexport’s epic plan to build a freight empire with its $110M raise

 “We’re actually out here trying to create value, not just give venture capital money away” says Flexport CEO Ryan Petersen. “It’s counterintuitive. The more the business works, the more cash it needs.” That’s because Flexport doesn’t ship bits, it ships atoms. Lots of them. Flexport is a freight forwarding logistics network. If you produce a… Read More


Flexport CEO expresses some remorse in taking cash from Peter Thiel

megan (2 of 1) Remember when we found out billionaire investor Peter Thiel is in support of presumptive Republican nominee Donald Trump? At TechCrunch Shanghai 2016, Flexport CEO Ryan Peterson, who has received significant funding from Thiel, candidly spoke about his discomfort around Thiel’s backing of Trump. “I don’t know what’s going on there,” Peterson told me on stage… Read More

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