"sometimes the highest velocity you can do is stop and go nowhere, cause if you're speed (going) to the wrong direction that's negative velocity and that's bad. The key is being agile & being able to change direction cause the world is chaotic" Such a great advice
If trade has grown by 4% per annum since the twelfth century , that's about 5.5x per century for 9 centuries or about 2 to the power of 51 or 2.2 quadrillion x. The world's population in 1100 is estimated to have been about 320 million, so that has grown about 25x. Per capita real global GDP is up less 100x , so the global economy has grown something like 2500x. 4% annual trade growth throughout that period would imply global trade is roughly a trillion times larger as a percentage of the global economy now than in 1100. I'll take the under . Ryan is an engaging manager with a stellar career; but confident glib throwaway's like that raise questions about other confident assertions.
Great interview. Although Convoy wasn't mentioned directly (as a company with a high valuation and a lot of pressure to grow in a market with thin margins), Ryan did address Flexport's valuation and how they treat it within the company. The best soundbite (and one that is obvious but hardly mentioned by managers in the software business) is that those people within the USA that really want to work remotely, are pushing themselves to compete against all other engineers in the World. Being in the (USA) office is a big advantage because teams work better, but if software engineers want to shun it altogether, a company can just hire an equivalent developer for 1/10 the cost. Hope Flexport works out. 👍
