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Ryan Petersen is the CEO of Flexport.
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Flexport is valued at $8 billion.
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Ryan Petersen spoke on the Twenty Minute VC podcast.
Ryan Petersen, CEO of Flexport
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Ryan Petersen said remote work is "white collar fraud."
Ryan Petersen, CEO of Flexport
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Ryan Petersen said the idea that he could do any work at his house with his children present is "like a total fantasy."
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Ryan Petersen has a three-year-old child and a five-year-old child.
Ryan Petersen, CEO of Flexport
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Ryan Petersen said he has a private office he can close the door on.
Ryan Petersen, CEO of Flexport
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Ryan Petersen said there is no work getting done at his house when his children are around.
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Flexport helped Georgia-Pacific streamline its supply chain.
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Flexport helped Gerber streamline its supply chain.
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Flexport’s revenue was $3.3 billion in 2021.
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Flexport’s pre-pandemic revenue was $670 million.
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Flexport became profitable for the first time in 2021.
Ryan Petersen, CEO of Flexport
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Ryan Petersen said he made the mistake during COVID of going remote and letting it stay remote for too long.
Ryan Petersen, CEO of Flexport
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Ryan Petersen said Flexport's culture suffered as a result of remote work.
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Flexport requires employees to work in the office five days a week.
Kevin O’Leary, Shark Tank star
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Kevin O’Leary said, "If you’re trying to say to people, ‘Oh, you got to work in an office,’ and that’s the talent you want to hire, you’ll just get the bottom quartile people that have no choice."
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A monthly survey by economists for the Federal Reserve Bank of St. Louis found 26% of fully paid workdays were worked from home in May.
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The pandemic peak for remote work was 62% of fully paid workdays in May 2020.
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The pre-pandemic baseline for remote work was 7% of fully paid workdays.
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A Gallup study found more than half of employees with remote-capable jobs would prefer to work at least some days at home.
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A Gallup study found one-third of employees with remote-capable jobs prefer to be fully remote.
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