Flexport's Petersen Joins Founders Fund as Partner

The speaker discusses their journey with Founders Fund and Flex Four, highlighting the support from Founders Fund and their role in the company. They express a long-standing interest in investing, influenced by reading 'The Intelligent Investor' by Benjamin Graham. The speaker describes their generalist approach to investing, focusing on learning and meeting passionate founders. They compare angel investing with venture capital, emphasizing the need for conviction in VC. The relationship with Peter Thiel is explored, noting his influence and network. The speaker also shares their current work dynamics and thoughts on Twitter as a communication platform.

What role has Founders Fund played in the development of Flex Four?

• They were involved only in the Series E round.

• They provided only initial seed funding.

• They led multiple funding rounds and have been supportive since the beginning.

• They were the sole investors in the company.

What is the speaker's primary value as a VC?

• Maximizing profits

• Networking with influential people

• Focusing on specific industries

• Learning and being a generalist

How does the speaker describe the transition from Angel investing to being a VC?

• It requires less conviction and more gut feeling.

• It is similar to Angel investing in terms of approach.

• It involves more strategic decision-making and convincing founders.

• It is easier because of the existing network.

What is the speaker's view on Peter Thiel's influence in the tech industry?

• He focuses only on early-stage startups.

• He is not well-known outside of PayPal.

• He has a limited network and influence.

• He is an icon with a vast network and innovative ideas.

What has been the speaker's recent experience with inbound opportunities as a VC?

• He has received very few opportunities.

• He has had a significant amount of inbound interest.

• He has not engaged with any new opportunities.

• He has focused solely on outbound efforts.

What is the speaker's opinion on Twitter as a platform?

• It is the most important technology platform for communication.

• It is not significant in the social media landscape.

• It is only useful for entertainment purposes.

• It is outdated and not relevant anymore.

What is the speaker's take on the concept of an 'Everything app'?

• He thinks it is already a reality.

• He is skeptical about its potential.

• He is unsure but trusts Elon's vision.

• He believes it is a waste of resources.