Party Meeting Funds Flexport

A story about how Sheel Mohnot became an early investor in Flexport after meeting the founder Ryan at a party where they bonded over Uber credit hacks.

"I met Ryan at a party and we bonded over some really funny things. He's a really hacky guy - he just figures stuff out. He started the company by himself, non-technical, with an outsourced team originally.

We were both buying Uber credits and advertising Google AdWords for our referral codes. We bonded over that and became friends. He had done some previous businesses in the import-export space, so I told him 'Whatever you start, I'm going to be investing in it.'

I invested when the company was at a $10 million valuation. Now it's worth several billion dollars. I sold some of my shares and the ones I sold were more than a 100x return.

It's crazy - in Silicon Valley, this is actually a pretty common story. There's a bunch of people I met early on who were just hustling and then eventually started something that became big."