Joe Lonsdale
π€ SpeakerAppearances Over Time
Podcast Appearances
I think there's a role for carriers and force projection. I don't think we need like incrementally a ton more of them. I'm not like this crazy radical where you get rid of all this, but yeah, on the margin, I'd much rather have 10,000 more smart drones above and below the water than like an incremental carrier, right?
So there's there's on a margin, there's all these things that are better uses of money. And I think we're pushing that way.
So there's there's on a margin, there's all these things that are better uses of money. And I think we're pushing that way.
I obviously, you know, listen, there's only been nine unicorns, I think, still at this point. And I started three of them and invested three of them in the first round. So I'm obviously pretty involved in the space. And I think it helps me if there's more money for my companies, which is really great. I think there's probably the right answer for the U.S.
I obviously, you know, listen, there's only been nine unicorns, I think, still at this point. And I started three of them and invested three of them in the first round. So I'm obviously pretty involved in the space. And I think it helps me if there's more money for my companies, which is really great. I think there's probably the right answer for the U.S.
It's not going to be like a thousand businesses or a hundred businesses. It's going to be like seven to ten new primes. One of them is obviously under all. I think one is probably Saronic and Epirus, but we'll see. But there's going to be 7 to 10 new primes, and that's what it's going to be. So there's going to be a lot of zeros and a lot of bad investments.
It's not going to be like a thousand businesses or a hundred businesses. It's going to be like seven to ten new primes. One of them is obviously under all. I think one is probably Saronic and Epirus, but we'll see. But there's going to be 7 to 10 new primes, and that's what it's going to be. So there's going to be a lot of zeros and a lot of bad investments.
But yes, these 7 to 10 new primes are going to be huge. And if you can get access to them, you're going to do really well.
But yes, these 7 to 10 new primes are going to be huge. And if you can get access to them, you're going to do really well.
Yeah, that's a great way to say it.
Yeah, that's a great way to say it.
It's a cost, and it's allowing us to do the refining here. So refining some of this stuff. We desperately need gallium nitride for things I'm doing with shooting the microwave radiation. The problem is refining is really messy. If you let it happen in the U.S., it will still be messy, but it will be cleaner. But we're not letting it happen. So there's things like this.
It's a cost, and it's allowing us to do the refining here. So refining some of this stuff. We desperately need gallium nitride for things I'm doing with shooting the microwave radiation. The problem is refining is really messy. If you let it happen in the U.S., it will still be messy, but it will be cleaner. But we're not letting it happen. So there's things like this.
I'm going all in.
I'm going all in.