101–110 of 136 posts
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Can you expand on what you mean? What does the typical founder have? Is this better? Worse?
Much of SV is wary of MBAs. But I don't think that view extrapolates to founders since they are a different breed than employees.
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Which is what makes me sad being primarily a programmer. I often wish I had another career first so that I could use the programming skills to solve something there. As it is, I often feel like a loaded gun without a direction to aim in.
You should pick up the domain you're programming in. Like when I was working on a product for the construction industry, I knew all about how certain parts of it worked. I knew all the terms and insider slang and quite a few of the problems they face because I built those things for them. There were plenty of problems I heard about that our product wasn't aimed at. When I was working for the credit industry, and that…
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Wow that was extremely impressive. You could tell he had a lot of experience in the industry, because he knew a surprising amount off the top of his head.
"Take problem from one domain you know and make a business by being really good at solving it with something from another domain you know" is a pretty tried and true business strategy.
Try getting a job that way though - you're looked at as if you're too much of a risk.
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Here's where the market is being irrational in my opinion. I would bet that in 10 years Flexport dwarfs Slack in revenue and in growth potential.
I'd take that bet. Slack is more like Facebook meets LinkedIn.
Interesting that Ryan has an MBA from Columbia business school, contrary to the typical founder in the valley.
Earlier quoted context omitted.
Can you expand on what you mean? What does the typical founder have? Is this better? Worse?
Much of SV is wary of MBAs. But I don't think that view extrapolates to founders since they are a different breed than employees.
Congrats. I remember watching Flexport get pitched to PG and Sam Altman during open 'Office Hours' at Startup School in 2013. https://youtu.be/syoqjYLDs48?t=19m30s
I don't get it, from the video, they say brokers make 3-5 billion a year, yet, they value the company at 800 million? I've never seen a startup valued at this large percentage of market size please correct me if I'm wrong
from the article: Petersen told Forbes he expects revenue of $500 million this year, yet that still makes Flexport an underdog. “There are 25 freight forwarders that each do more than $1 billion in revenue a year,” he said.
Interesting that Ryan has an MBA from Columbia business school, contrary to the typical founder in the valley.
Congrats. I remember watching Flexport get pitched to PG and Sam Altman during open 'Office Hours' at Startup School in 2013. https://youtu.be/syoqjYLDs48?t=19m30s
Earlier quoted context omitted.
"Take problem from one domain you know and make a business by being really good at solving it with something from another domain you know" is a pretty tried and true business strategy.
Which is what makes me sad being primarily a programmer. I often wish I had another career first so that I could use the programming skills to solve something there. As it is, I often feel like a loaded gun without a direction to aim in.