Luis Elizondo
๐ค SpeakerAppearances Over Time
Podcast Appearances
I have no idea what the hell it is. It just came out of the sky. And I go to company A and I said, Tell me what you can figure out about that, right? 10 years later, company A becomes a multi-billion dollar aerospace company. Company B goes bankrupt. 200 people lose their jobs. And now people who have stock, investors in that company, lose their money, right? Unfair advantage.
I have no idea what the hell it is. It just came out of the sky. And I go to company A and I said, Tell me what you can figure out about that, right? 10 years later, company A becomes a multi-billion dollar aerospace company. Company B goes bankrupt. 200 people lose their jobs. And now people who have stock, investors in that company, lose their money, right? Unfair advantage.
I have no idea what the hell it is. It just came out of the sky. And I go to company A and I said, Tell me what you can figure out about that, right? 10 years later, company A becomes a multi-billion dollar aerospace company. Company B goes bankrupt. 200 people lose their jobs. And now people who have stock, investors in that company, lose their money, right? Unfair advantage.
Keep in mind, you're supposed to have fair competition in the U.S.
Keep in mind, you're supposed to have fair competition in the U.S.
Keep in mind, you're supposed to have fair competition in the U.S.
So if you give an unfair advantage to company A... to be, you're talking a serious liability. There's SEC violations there. There's all sorts of concerns one has to pay attention to because someone somewhere gave an unfair advantage to one company over another. So there are legal liabilities that we have to recognize. It's not just clear cut, okay, forgive and forget.
So if you give an unfair advantage to company A... to be, you're talking a serious liability. There's SEC violations there. There's all sorts of concerns one has to pay attention to because someone somewhere gave an unfair advantage to one company over another. So there are legal liabilities that we have to recognize. It's not just clear cut, okay, forgive and forget.
So if you give an unfair advantage to company A... to be, you're talking a serious liability. There's SEC violations there. There's all sorts of concerns one has to pay attention to because someone somewhere gave an unfair advantage to one company over another. So there are legal liabilities that we have to recognize. It's not just clear cut, okay, forgive and forget.
There's going to have to be some additional protection and understanding for if that occurred, we need to figure out how we deal with that as well.
There's going to have to be some additional protection and understanding for if that occurred, we need to figure out how we deal with that as well.
There's going to have to be some additional protection and understanding for if that occurred, we need to figure out how we deal with that as well.
Yeah. These are big companies, right, with deep pockets and a lot of lawyers.
Yeah. These are big companies, right, with deep pockets and a lot of lawyers.
Yeah. These are big companies, right, with deep pockets and a lot of lawyers.
Going back to, you know, a colleague of mine made the comparison. He said, look, Lou, imagine being during the days of Da Vinci and all of a sudden bringing Da Vinci a garage door opener. You have no idea what it's used for. Right. You've never seen plastic before. You don't even understand electromagnetic radiation, right? Right.
Going back to, you know, a colleague of mine made the comparison. He said, look, Lou, imagine being during the days of Da Vinci and all of a sudden bringing Da Vinci a garage door opener. You have no idea what it's used for. Right. You've never seen plastic before. You don't even understand electromagnetic radiation, right? Right.