Flexport's CEO called remote work ‘white-collar fraud’ — then said it’s really for workers who’ll accept lower pay
Key takeaways
- The founder of a company that profited from that exact shift now likens working from home to "white collar fraud (1)."
- Flexport founder and Chief Executive Officer (CEO) Ryan Petersen said that on the Twenty Minute VC podcast in June — which is strange when you look at his numbers.
- Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Flexport's CEO called remote work ‘white-collar fraud’ — then said it’s really for workers who’ll accept lower pay Godwin Oluponmile Thu, July 2, 2026 at 10:46 PM GMT+7 5 min read FLEP.PVT Sam Barnes/Getty Images Some people kept getting paid in 2020 because their jobs could come home with them. The founder of a company that profited from that exact shift now likens working from home to "white collar fraud (1)."
Flexport founder and Chief Executive Officer (CEO) Ryan Petersen said that on the Twenty Minute VC podcast in June — which is strange when you look at his numbers. Flexport's revenue went from $670 million before the pandemic to $3.3 billion in 2021 (2), the year the country shopped from home and sent freight surging through logistics firms like his, although it's gone down since then.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one