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Palmer Luckey

πŸ‘€ Speaker
See mentions of this person in podcasts
1247 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]

They decide what programs are going to get allocation.

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

They decide which ones are going to get killed.

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

And so if Congress believes that something is important, you're probably going to do better than if it's something that they think is a waste of time or the pet project of some billionaire.

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

That's just the way that it is.

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

This is one of those things where perception is reality.

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

If they think it's not important, I have to act as if it isn't or try to persuade them otherwise.

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

I can't just go out and build a Batmobile and say, hey, I built a Batmobile.

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

Check out how sick it is.

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

You guys should fund this.

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

That happens from time to time, but those are the exceptions that prove the rule.

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

And then the third thing is it has to be something we can do well.

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

I know that sounds obvious, but doing well often means can we reuse things we already have?

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

Can we move fast?

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

Is it something we can do without totally reorienting our whole business?

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

Those are going to be the most attractive things.

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

And then finally, the last category is other people have to be doing a bad job.

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

I don't want to spend our money rebuilding things that other companies are already doing well just because I think that I could do slightly better or that I could just make money in that area in a vacuum.

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

This is probably the least rational part of the process.

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

Could Anduril make a lot of money making small tactical quadcopters for surveillance?

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

Things like the short-range reconnaissance drone going on US infantry?