This episode carries Ryan Petersen's own address, with nobody on the show putting
questions to them. It still counts as said, and it is kept out of every score on their page.
Flexport CEO Ryan Petersen warns product brands about the existential threat of Amazon dominating consumer fulfillment expectations.
“And if you don't fix it, if you don't solve it, if you're not able to at least get parity to Amazon's value proposition of two-hour delivery, you will go bankrupt.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Ryan Petersen
Opinion
Traditional freight forwarders rip off customers and hike prices mid-transit
“That sort of anyone who ever imported a container from another country saw that this is a nightmare, saw that it's way too much paperwork, that the freight companies are trying to rip you off, no one can tell you where your stuff is, the regulations are really…”
Ryan PetersenMay 27, 2020▶ 5:10Flexport: How to Build a Truly Global Business From Day One with CEO Ryan Petersen
Opinion
Traditional freight forwarding is just inefficient email forwarding of unstructured PDFs
“In the old world, it's a relay race of unstructured data. It should be called, we call it freight forwarding is the name of our industry. It should be called freight email forwarding. And because it's just a human looks at this PDF and says who else needs to k…”
Ryan PetersenMay 27, 2020▶ 8:59Flexport: How to Build a Truly Global Business From Day One with CEO Ryan Petersen
AssertionSupported
Flexport achieved in five years the revenue Expeditors reached in fifteen
“In five years, we did, it took them their first 15 years to get to our revenue number”
Ryan PetersenMay 27, 2020▶ 16:08Flexport: How to Build a Truly Global Business From Day One with CEO Ryan Petersen
PredictionNot checkable as stated
Drone deregulation will enable two-minute consumer deliveries
“You're going to have two minute delivery with drones as soon as it's deregulated. Two minute delivery, you just push a button and boom, like Snickers bar right at your seat. That'll happen.”
Ryan PetersenMay 27, 2020▶ 20:19Flexport: How to Build a Truly Global Business From Day One with CEO Ryan Petersen
AssertionContradicted
Global trade has grown 4% annually for over 800 years
“It has grown four percent annually for over 800 years, which is a nice slide to present to investors.”
Ryan PetersenMay 27, 2020▶ 6:05Flexport: How to Build a Truly Global Business From Day One with CEO Ryan Petersen
Disclosure
Flexport reached $471M in revenue and 1,000 employees in five years
“We've raised now three hundred and fifty four million dollars in venture capital. We've grown to a thousand employees in five years. We did, we closed last year, I'm proud to say it, five four hundred and seventy one million dollars in revenue in our fifth yea…”
Ryan PetersenMay 27, 2020▶ 7:24Flexport: How to Build a Truly Global Business From Day One with CEO Ryan Petersen
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