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Palmer Luckey

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1124 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

And

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

Of all the things I've criticized the government on, I think actually this is one where the Pentagon is pretty aligned.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

The politicians are pretty aligned.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

Everyone buys into this idea.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

Oh, this one's actually pretty easy.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

We decided to build Lattice, the AI core that powers all our hardware systems and a bunch of systems that other companies make now, because that was a foundational platform technology that could be reused over and over again.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

Unlike, let's say, investing a billion dollars into one hardware platform where the value largely stays locked up in that hardware platform, putting a billion dollars into something that is inherently cross-applicable

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

It means you're basically multiplying the effect of that money.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

It means I get to now use it in 20 products.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

In a way, it's almost as if I spent $20 billion.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

Or at least in the current incentive structure of the DoD, that's what other people would have to do to make it happen because they don't want to reuse things where they can justify doing otherwise.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

Product-wise, that was an easy decision.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

In terms of the things we build on top of that now and what areas we decide to go into, so how do we prioritize?

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

The first step is actually just, we actually don't have to make the decision, is actually the great thing.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

These priorities are laid out.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

The Joint Chiefs have a list of priorities, things that are of utmost importance for the United States to get better at.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

This is one of the reasons we got into the rocket motor business.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

It's because there's been huge consolidation.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

There's only two vendors.

Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]

Neither are very good.