Flexport's former CEO Ryan Petersen is joining Founders Fund as a partner; Petersen will continue to serve as Flexport's executive chairman (Alex Konrad/Forbes)

Alex Konrad / Forbes:

Flexport’s former CEO Ryan Petersen is joining Founders Fund as a partner; Petersen will continue to serve as Flexport’s executive chairman  —  The 42-year-old former CEO of $8 billion-valued logistics startup Flexport will invest in early- and growth-stage startups for the firm founded by Peter Thiel.