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Ryan Petersen

👤 Person
1877 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
Ryan Petersen: Building Flexport

So this, like, all of a sudden I had all these peers who were also building businesses.

The Knowledge Project
Ryan Petersen: Building Flexport

And, like, that's, I don't know, that's just super valuable from a life experience standpoint.

The Knowledge Project
Ryan Petersen: Building Flexport

I don't know how much it helped a business, but it just, like, made my life better.

The Knowledge Project
Ryan Petersen: Building Flexport

And then it also, I guess that kind of understates like YC, if you're one of the top companies, I think it's very important to be a top company if you're going to do Y Combinator.

The Knowledge Project
Ryan Petersen: Building Flexport

It is a bit of a competition.

The Knowledge Project
Ryan Petersen: Building Flexport

A lot of people don't realize that.

The Knowledge Project
Ryan Petersen: Building Flexport

It's like at the end of the day, there's only so many hot companies that can come out each year.

The Knowledge Project
Ryan Petersen: Building Flexport

And you want to be, if you're one of those, then it's tremendously valuable for you because fundraising, I could have raised money.

The Knowledge Project
Ryan Petersen: Building Flexport

I had built a successful, profitable SaaS business.

The Knowledge Project
Ryan Petersen: Building Flexport

I'm sure I could have raised money, but I literally like tried at one point to raise money

The Knowledge Project
Ryan Petersen: Building Flexport

And I showed up in Silicon Valley on Sand Hill Road wearing a suit and tie.

The Knowledge Project
Ryan Petersen: Building Flexport

I just didn't know.

The Knowledge Project
Ryan Petersen: Building Flexport

I think people just were like, who's this guy?

The Knowledge Project
Ryan Petersen: Building Flexport

And tried to raise money for it.

The Knowledge Project
Ryan Petersen: Building Flexport

I didn't try that hard.

The Knowledge Project
Ryan Petersen: Building Flexport

I did a couple pitches, and they went nowhere.

The Knowledge Project
Ryan Petersen: Building Flexport

And then with YC, it was a feeding frenzy.

The Knowledge Project
Ryan Petersen: Building Flexport

It turned from an outbound sale, which is hard doing outbound kind of cold calling,

The Knowledge Project
Ryan Petersen: Building Flexport

to an inbound sale where everybody was, like, eager to invest.

The Knowledge Project
Ryan Petersen: Building Flexport

They heard about Flexport.