Fabrice Grinda is the founder of FJ Labs, a company co-creation and investment firm, focused on marketplace businesses. FJ Labs has invested in companies such as Flexport, Shippo, Lime, Brightroll, among many others. Fabrice is also a serial entrepreneur, previously founding three companies - Zingy, Aucland, and OLX - All of which scaled to significant size. He was born in France and is an avid traveler, writer, and speaker. In this episode, we cover what it was like to come to the U.S. for college, starting his first company in the dot com in France at the age of 24 and riding it to massive scale before experiencing the fallout in the early oughts, as well as starting again, successfully exiting companies, and becoming a true expert on marketplace business dynamics. We also discuss the transition to investor, the unique aspects of FJ Labs, both from an LP perspective and an investment perspective, as well as making a personal decision a few years ago to live "asset-light."