Foxconn

3 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Aug 30, 2018 by Ryan Petersen · said 20 times in 3 episodes since 2018 · across every show →

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brought up most by Carl Pei (12), Garry Tan (5), Ryan Petersen (2), Pedro Franceschi (1)

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Everything said about Foxconn, oldest first

Aug 30, 2018 positive
Assertion Not checkable as stated
Foxconn and Saudi Aramco signed up on Flexport's pre-launch prototype site
“And we got Foxconn signed up, makes, makes the iPhone, Cargill signed up like one of the biggest ad companies in the world. And then one day Saudi Aramco signed up the, National oil company of Saudi Arabia signed up for my fake website.”
Ryan Petersen Aug 30, 2018 ▶ 17:16 Ryan Petersen on Building Flexport, a Modern Freight Forwarder · Y Combinator
Aug 13, 2024
Assertion Not checkable as stated
Pei: Foxconn historically took inventory risk for phone startups and got stuck
“Foxconn and their competitors, they took on the inventory risk for the startups as well. So when the startups made a big projection in terms of the unit sales and they couldn't deliver, they were fine. Foxconn was stuck with inventory.”
Carl Pei Aug 13, 2024 ▶ 9:25 How Nothing Founder Carl Pei Built A Multi-Million Dollar Smartphone Brand In Just 2 Years · Y Combinator
Aug 13, 2024 negative
Assertion Not checkable as stated
Pei: All five smartphone startups Foxconn previously partnered with failed
“Foxconn at that time had worked with like five startups that made phones, and all those five startups have failed.”
Carl Pei Aug 13, 2024 ▶ 8:09 How Nothing Founder Carl Pei Built A Multi-Million Dollar Smartphone Brand In Just 2 Years · Y Combinator
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