After nearly 10 years navigating San Francisco-based global logistics company Flexport through hypergrowth, founder and CEO Ryan Petersen is stepping aside. As he plans to hand the reins over to Amazon exec Dave Clark, he’s embracing the transition more than most in his shoes. Indeed, he makes a pretty convincing case that demoting yourself may be the key to future growth.
Between 2015 and 2018 Flexport grew 15,911 percent, landing it the No. 8 spot on the Inc. 5000. Today, the company is valued at $8 billion. Those years of exponential growth revealed something to Petersen: it's unreasonable to expect humans--and their abilities--to grow at the same pace.
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