The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 13 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Petersen: Almost all logistics competitors have suffered major cyberattacks
“Almost all of our competitors have had major hacks in logistics. Like, it's been a major target area for cyber, and there's been a lot of, like, ransoms.”
Petersen: Flexport grew engineering to 1,300 before laying off half the team
“We let go of a lot of amazing people a few weeks ago. We let go of about half of our engineering team. We know we grew our engineering team this year from 450 software team members, product and engineering team members to 1300.”
Flexport Operated Without a Board of Directors Until Raising $30 Million
“We didn't have a board at Flexboard until we'd raised thirty million dollars and just created the board after the Series B when we raised another 65.”
Petersen: Flexport cut 27% of costs in his first five weeks back
“We cut 27% of our costs already in my first five weeks.”
Flexport is the only top 100 freight forwarder founded after 1994
“Flexport's now the third largest of the American companies and top 10 globally. And if you look at the top hundred providers of global freight forwarding services, customs brokerage and freight forwarding, we're the only one founded after the web browser was i…”
Petersen: Flexport will reach profitability by end of 2024
“We've got a roadmap to get the company profitable by next year, by the end of next year without raising prices for our customers.”
Petersen: Flexport generated over $2B in revenue last year
“My first Excel my first and only financial model that I made for myself for the business got to one million of revenue, right? Like, we did over two billion last year, so.”
Stephens: Flexport Was First Major Founders Fund Check in 2014
“The first big check that I wrote at Founders Fund was Flexport. And no one was thinking about Supply chain logistics in 2014.”
Petersen: Flexport raised nearly $2B and still holds $1B in cash
“We raised a billion dollars in 2019 and then in 2022, we raised nine hundred eighty four million dollars. That turned out to be true. Like that we were kind of at the peak of the bull market and that balance sheet serves us very well today that we have a billi…”
Flexport's $65M Series B Was Raised Almost Entirely From Insider Investors
“Our series B was Done almost entirely by insiders, by people who had been in the series A and even, and a lot of the money came from people who were in our seed round.”
Felicis Ventures backs an average of two unicorns per year
“Backing, and I cannot believe I'm saying this, Dad, but an incredible two unicorns per year since founding, including Shopify, Opendoor, Flexport, Adyen, Twitch, Fitbit, and many more incredible companies.”
Matt Mochary's coaching client list includes partners at Benchmark, Sequoia, and Kleiner
“On the VC side, Matt has worked with the likes of Peter Fenton at Benchmark, Several Sequoia partners, Hemond at GC, and Mamoon at Kleiner, to name a few. As for founders, Matt's worked with the founders of Brex, Coinbase, Plaid, Reddit, Flexport, and many mor…”