Ryan Petersen

Flexport founder Ryan Petersen is changing sides, becoming a partner of venture capital firm Founders Fund.

The fund is a leading investor in Flexport, of which Mr Petersen will remain executive chairman.

The fund was founded by Peter Thiel, who told Flexport’s favourite media outlet, Forbes, that Mr Petersen would be “an investor everyone wants on their team”. Another partner said Mr Petersen was a “titan”, “one of the most important figures in tech for our generation”.

When Mr Petersen, 42, resigned as ...

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