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Trae (Trey) Stephens

👤 Speaker
1250 total appearances

Appearances Over Time

Podcast Appearances

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

My first year at Founders Sun, I did 500, just over 500 pitch meetings, which is a lot.

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

Wow.

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

You know, I've ratcheted that down a bit.

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

I have a better sense for the types of things that are going to be a good fit.

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

But, you know, it's a big part of what everyone in this industry does is you're just meeting with really compelling people day in and day out.

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

Well, you know, this is probably like the most common question that VCs are asked because I think people really want to believe that there's a rubric, that there's like some sort of table.

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

And in the meeting, I've just got the table out and I'm like checking off, like, do they have this trait?

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

Do they have this trait?

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

In reality, it doesn't really work like that.

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

There's something that's way more gut and intuition-based where within about five minutes of a pitch meeting, you can get pretty dialed to know, okay, this is one that we might take a shot at.

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

There's something...

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

really vibrant about this person.

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

There's something that's super differentiated about this person.

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

Peter wrote a book called Zero to One.

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

In the book, he said that, you know, we're all drawn into mimesis.

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

And so like most normies are, they're just aping what everyone else is doing.

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

And so they're, you know, they want to be like the Uber for X or something like that.

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

But the really generational transformative founders are the people who aren't tied into

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

peer group validation.

The Shawn Ryan Show
#245 Trae Stephens - Inside Anduril’s AI Superweapons: Eagle Eye Helmet and Autonomous Tech

And they're going to do weird stuff.