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Scott Nolan

๐Ÿ‘ค Speaker
1357 total appearances

Appearances Over Time

Podcast Appearances

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

I don't know.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

Like maybe if it doesn't look like a good idea, I wouldn't do it.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

But I think for many of these patients today that are paralyzed or ALS or blind or deaf or, you know, missing limbs, how can we actually like use the Neuralink type device to let them get full capability back?

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

That's what excites me about Neuralink.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

So yeah, we've had a chance to be a bunch of, to be a part of many cool companies.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

Even some that are more conventional, like a friend of ours at Founders Fund started a company for cancer therapeutics.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

So specifically dealing with types of cancer and really looking for the target on the cancer that they could go after.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And they ended up selling that company and now the same target that they were working on is now showing up in a bunch of drugs.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

from that company that they sold to and then other companies so it's yeah a lot of this stuff is really futuristic and feels more distant but then also getting to back unconventional approaches in things like cancer therapeutics and watching patients eventually get cured from that wow it's been really cool i'll bet i'll bet what are you guys focusing on now

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

I'd say the Founders Fund thing is it's always seemingly a black box from the outside.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

It's seemingly random.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And so, you know, one saying is that once there's a theme of what we're doing or like there's a category that you can be a part of, it's already something Founders Fund probably won't invest in.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

It's probably already too late.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

So people talk about commercial space now and all the things happening in space, but the Founders Fund first investment in SpaceX was 2008.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And so...

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

In terms of what categories are we investing in now, it's really the anti-category that it always has been.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

It's always been, what's the thing that's coming but isn't yet obvious?

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And that's not something that the Founders Fund team is so smart that they can figure out.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

It's that the founders bring those ideas to Founders Fund.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

The founders of these companies say, hey, this is the important problem no one is solving.