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Patrick Bet-David sits down with Joe Lonsdale to discuss founding Palantir after 9/11, working with the CIA and FBI to combat terrorism and protect civil liberties, China’s cognitive warfare and AI-driven influence operations, tensions with Iran and potential U.S. military action, venture capital’s role in defense and AI innovation, and rebuilding American institutions through policy and media.
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ABOUT US:
Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.
When you say Palantir to the average person, some is good, some is bad, some is neutral, some are scared.
Nobody is angry, you might not be doing much.
Why do so many people not trust you?
Why do so many people not trust Palantir?
We have to eliminate, probably, about to 10,000 terrorists.
If fear becomes, what if somebody evil runs it after Alex, then what?
What if somebody evil gets a hold of what you guys are building, then what?
What's scary to me is if it's a foreign public, you like some really, really bad person.
Who today is your biggest enemy?
Are like the extreme populists on both political sides.
So in a situation with a madudo or a man show,
is there a possibility that Palantir wasn't involved?
I think guys were trying to kill Trump.
It means that if they're still around after Trump's president,
they're probably trying to get him and his kids again.
Why would Palantir start to protect the West against his longest terrorists?
That's truly the mission.
That was truly the mission.
But as I ran, really, I ran.
But a lot of people think it could turn into something like that.
I don't know, this is not appropriate, but I'd be very rumored.
So the rumours would do.
You'd go and you wipe out the leadership class.
You're all dead.
And you say, OK, you guys are now in charge.
We're going to make a deal.
Or we're going to kill all of you, too.
You know, this whole thing with Vectamin and PBD podcast
started with a phone, me, and Mario.
That's it.
And it grew today to 15 million subscribers almost
and 164 full-time employees.
And that relationship, or you watching us and supporting us,
wouldn't happen without you.
But did you know 51% of you that watch the content
are not subscribed to the channel?
And it would mean the world to us.
If you could press that subscribe button and notification
why it allows us to grow higher, more, do bigger interviews,
have a bigger team and deliver a better product to you.
So if you haven't yet, if you don't mind,
press that subscribe button.
It would mean the world to us.
Thank you so much.
Thank you.
I feel I'm supposed to take sweetest doughnuts.
You know, this life meant for me.
I don't.
What's your name?
The future looks bright.
That day.
And Jay goes better than anything I ever saw.
It's right here.
You are a one-of-one.
I send you right there.
I think I'm going to serve you soon.
Great to have you on a podcast.
Thanks for having me, Patrick.
Yes.
And I know you like these mics.
Credit courses.
You're awesome.
Yes, Jake in the crew.
Jake, who picked these blue mics by the way?
You did.
Okay.
So credit goes to him.
But co-founder, Palantir.
We started that 23 years ago.
Yes.
The story you have from co-founding Palantir to Dan.
I think you were an investor in Free Press.
But Barry Weiss, if I'm not mistaken,
you were somewhat involved.
The new companies.
Yes.
I gave Barry some money when she started.
Because we need to rebuild our institutions in this country.
That's right.
And you move to Austin.
You're building a university.
University Austin.
You're doing another thing with Cicero,
which we'll talk about.
I want to get your opinion on Cicero and Cato
because those are two different mindset
and then recent.
Yes.
Two different statesmen.
One had a temper.
His way or the highway.
The other one was compromised.
Open to, which is kind of the broth you guys went.
And then recently,
you put, I think, some $11.8 million
into a drone company in Nigeria.
Well, that's random.
I run a big venture capital.
Yes.
We're doing a lot in AI and defense.
Yeah.
ABC.
It's called ABC.
And listen,
I'm most of the best defense stuff
we focus on America.
Of course.
I do think in Africa,
working with the very, very best group
that we could find there.
It's important because there's a lot of bad guys there too.
Yeah, I agree.
So that's interesting.
We'll get into that.
I'm curious.
The drone business is very important.
We're seeing with these wars with Ukraine and Russia.
If you would ask the average person five years ago,
if Ukraine and Russia go to war,
what would be the most important tool to use?
Nobody would get drones.
Millions millions millions of drones
and blowing up all these other things.
But okay, got a lot of questions.
And the time we got this interview was phenomenal
because we got the Iran stuff going on.
We got El Manjo that was just killed
and what's going on with Mexico?
We have something we don't want to be in port of Ireland right now.
No, and we, you know,
it's a place where we used to go to a lot
because for vacation spot,
Americans go to Cancun.
They go to port of Ireland.
We hit the Costco, man.
They hit it out of all the places.
I know.
The airport is scary.
Yeah.
Yeah.
But I want to start off with your background.
Palantir.
When you say Palantir to the average person,
some is good, some is bad,
some is neutral, some are scared.
You know, it gets good if they know who you are.
But one of my favorite signs
on the Old Defense Secretary of Rome's failure sign
is asking instead of nobody,
is anger you, you might not be doing much.
You know, do you subscribe to that?
Oh, totally.
Okay, totally.
At what age did you subscribe to that?
Pretty young, actually.
I was a pretty obnoxious kid.
Were you?
Oh, yeah, I had all sorts of opinions.
I always have.
Tell me about your parents.
Who were your parents?
My parents, my parents were awesome.
My mom passed away a long time ago.
My dad's not doing well, which is sad,
but they're amazing people.
My father was very competitive.
He was one of eight kids.
He brought him all out to California.
He was our chess coach when we were a little for fun.
He does a chemical engineer.
And we won the state championship when I was a kid.
My brothers did too.
And we thought we must be really smart.
And then he kept winning 20 years in a row.
So he's just a very competitive guy.
Everything, every game, every sport,
and a really optimistic, positive competitive guy.
Chef, so you guys played chess?
How old were you when you won the championship?
I was the kid of six champion twice a row.
And fifth and sixth grade.
And we won the nationals in junior high school.
But it's like, it's because we worked really hard at it
because he was a good coach.
You got to spend, you got to spend only 30, 40 hours a week
to be the best.
And this is a fair amount.
But we grew up in Fremont, California, and Silicon Valley.
Then these were tournaments in California and around the country.
Who were you in high school?
I was a public high school.
I was a nerdy guy.
I was a valedictorian and I had a bunch of really smart friends
who taught me a bunch of stuff about.
And we went and went way ahead in math and science and stuff.
So at what point did you and Peter Thiel link up?
Because I think when I heard a story
about you were still in college
and you were doing something with them
how did that relationship start?
You know, a lot of the smartest kids
in Stanford computer science were going to paper out at the time
of something where I really admired the talent
that was there.
You have to realize that company.
There was one company started by Peter Thiel
and a bunch of his smartest friends.
Max Levchin started it and David Sacks.
All these guys were there in Good Hoffman.
And there's one company, the Elon Musk started
with Roll Off and a bunch of other really smart people.
It was called X at the time.
And X didn't continue to merge to make paper out there
because they were fighting each other and they merged.
So it's all the smartest friends around.
Both Elon and Peter knows the prize.
It was a place you wanted to be.
They actually rejected me in my freshman year
but they let me in my sophomore year to go help them.
Was that like the place everybody wanted to work?
Not everyone, but I think it's for me
I noticed a lot of the smartest
most interesting people going there.
So it was one I was trying to find.
How was the story coming to you guys?
Because you know, it's kind of like, well, you know,
at that time when you look at the numbers,
it's not like Elon is today's Elon.
No, it wasn't, it wasn't, they weren't.
But how did you know that these,
was there, would they talk about it in the small circles?
Like, well, I mean, I was a computer scientist.
I was already ahead.
I'd already done mostly the undergrad work
for I got there, which is normal nowadays.
And so I met a lot of the smartest other computer scientists
and they were all trying to go work there.
And so, and their first smartest friends were working there.
And then I was the editor of the Stanford Review,
which Peter had started.
So I met people that way and see the through it.
Got it. So Peter's way,
how proactive was Peter of trying to get it
in front of all the smartest kids coming out?
Well, this is, this is like,
this is the most critical thing to do for these businesses.
So Peter was very good at that.
So what we spent a lot of our time on now
and flying up to Seagull, the kids are Harvard MIT this week.
Because when you, we spent a lot of time on this.
So, so walk me through it.
So what does that look like?
Is it, you know, do you, do you go straight to the top?
Do you establish relationships?
Are there programs to go meet the kids?
How does that, how does that work?
Actually, it's a good question.
People don't ask.
So, Palantir, we had a whole playbook when we started.
That you know, Palantir hired a lot of the top talent.
And so you'd have, you'd have your, your fellows,
you'd have your spies, you have your advisors.
You have all these like spies.
He's still the, these young men and women on your team.
And they're like talented, good to your scientists.
And they help you map out who the other best people are.
And they help you throw parties.
And they help you get to know them.
You know, professors there as well.
And you're just, you just have people
who are young, smart, technical people who are social.
And they're there and they're mapping it out.
And they're helping you meet the right people.
So when I come in, there's different groups we've met.
People who want to work with us.
We want to learn from them.
So it's mutually beneficial thing
where you're getting to know all the top talent
and you're helping connect them to your top companies.
And it becomes a way to work with them all.
But how do you filter them out?
Like how do you know?
You know, it's like a chicken and egg you start with.
Like you see, I all have a superstar from my portfolio
who's like one of our best engineers who just came from MIT.
And they have like five or six of their smartest friends
in the younger year.
And you'll go meet those kids.
Who are the smartest guys you know?
So it's a network.
It's a purely word of mouth.
So you're recruiting smart guys hanging out with smart guys.
And it would say, you have to meet John.
He's the smartest guy I know.
So you're asking him what's the most important thing?
Then you might talk to him.
And you might work on projects with him.
So you get to know a little bit.
But yeah, you're just purely through the network.
And I mean, it's a lot of things.
The same way if you're a football coach
or you're a baseball coach,
you got to do this for talents and tech.
But what do you look for?
So in football, you may look for speed.
You know, like right now, I met with one of the law firms
that represents a lot of young talent.
Nowadays they're recruiting kids at 10, 11, 12 years old.
I said, so what do you look for?
They said coachability and personality.
I said, why personality?
Personality equals sponsorship.
You got personality.
I can get some sponsorship money.
You're coachable.
We can put you, of course, you've got to have
the physical abilities.
What did you guys look for?
You know, it depends if you're hiring entrepreneur
or hiring an engineer and engineering leaders.
That's because they're different.
Give me both.
And entrepreneur needs to have opinions.
And my entrepreneur needs to be able to say,
here's my hypothesis about the world.
Here's why I'm right.
Usually they want to have some chip on their shoulders.
Some of them they're trying to approve.
Like they will have to be someone.
You can tell they're ambitious.
They believe in things.
You don't need smart, interesting, curious people
to build things, but you need to have like
a certain level of leadership and opinions
about the world, I think, to build things.
It is the mindset of recourse.
That's 04, right?
You were at Palantir 04 to 09.
We were also at PayPal.
And they categorized you as being part of the PayPal mafia.
Second, you know, I was 15 years younger than Peter.
I'm 12 years younger than Elon.
I was a junior kid.
I don't get any credit for PayPal.
Well, you were still there.
You were still there.
I was learning from this guy.
And were you in meetings, were you watching him?
And what was he like?
What was Elon like in meetings?
What was Peter like in meetings?
What was he like?
Give him some of the answers.
I mean, I usually wasn't in meetings with Elon,
it'd be honest, but I mean, these guys were very opinionated,
very interested, very ambitious, very fast.
No tolerance for things that are broken.
You fix it right away.
You know, you work to the problems.
You get everything done today.
You don't talk about what you're gonna do next week.
You just use move.
You know, people would be there late at night
fixing problems.
You know, just passionate about their work.
What was the demo of the age?
What would you say the average is?
Would you say 25, 0 by the way?
You guys in their 20s, mostly.
In their 20s.
Where you can, as you can be demanding
of getting them to, now at the same time was Elon
and Peter also there driving working with them?
Yeah, in different different contexts, right?
Peter's more of the strategist, the philosopher,
the thinker, he's not the one,
he's not the technical guy himself.
I think Elon is more of the operator.
He's more of there in the room.
I mean, I was in Paul Alto a couple weeks ago, right?
And I was meeting a friend and Elon was in the back
doing engineering reviews at XAA.
This is just, he's just, he's just there working working.
Where he, he's kind of the more the work horse
just pushed through, saw the details
of the technical problems.
Was the level of intent, like,
who was the most intense guy at Apple?
The most intense.
I mean, I think Elon's always been one
of the very most intense people I've ever seen
in terms of working, but there's other engineers
who are just there all the time pushing hard, right?
I think when you're in operation about guys like Max
Leipzig and others were just as far as I could tell,
it's always working.
Who were some of the guys that you worked with
that would maybe junior guys like you
that came out and became big stars as well?
Yeah, so, I mean, a lot of the guys who were there,
there were 16 different companies that were started
after PayPal that quickly became billion dollar companies, right?
So, and a lot of these guys are older than me,
but it was the guys that, you know,
Chad and Steve who built YouTube,
it was Reid Hoffman who built LinkedIn.
It was obviously Elon did Tesla and SpaceX.
I mean, you know, there's guys who built Ironport.
There's just, there's so many things that came out of there.
God.
So, from there, how did the opportunity
to be a co-founder of a Palantir come up?
Well, I was working with Peter at his hedge fund,
and I was, you know, the hedge fund was a little bit disorganized
and I started bringing in my smartest friends to help
and there weren't really other managers there,
so I'd help start building things.
And a bunch of my smartest friends
I brought in one summer to help us,
they weren't interested in finance.
I thought it was boring.
And so, and Peter and I had been talking a lot about,
you know, at PayPal, we had to stop the Chinese
and Russian mafia from stealing all of our money
and so we got to know the guys who were helping us
to rest the bad guys.
There was secret service in the FBI.
And right after this happened, it was 9-11.
And so these guys were spending billions of dollars
on stuff that we thought didn't make any sense.
And they were really, they kept asking us for advice.
They're confused about it, do you think?
They, it was, it was, I mean, President Bush created
what was called the Department of Homeland Security
at the time.
I shouldn't be too mean about it,
but you know how it works in government?
Is that when you create a new department,
people can't really fire people in government easily.
So sometimes they'll have a lot of people they want to fire
and then they said there's pushments in the new department.
So it was a bit of a mess.
I've got to tell you what's the new department stuff
in your fire.
So there's, so there's, so therefore,
the whole of the department didn't really know
very well what he was doing.
And first was my impression
and they were spending money on just nonsense stuff.
And it became really obvious to us
that Silicon Valley, Google, PayPal, all these things
that were going on out there were just way ahead technically
of where the government was at that point.
And this was a problem because the government was using all,
the government was spending $38 billion a year
gathering data, looking at the data,
failing to stop the terrorists,
but also abusing our civil liberties.
So it was a mess.
So we said, you know what?
There's actually a really important problem here to solve.
A, I'd like to stop the bad guys from attacking us again
and go get them instead.
B, I don't want everyone in the government
seeing all of my data without any controls.
That's crazy.
And so that's when you said,
why don't we go do it?
You guys say, let's go do it ourselves.
And I started having my friends.
I brought that summer to help build a prototype
in which it, which it sounds even crazier than finance,
but at least it was interesting.
They enjoyed it to help help me build it.
And my roommate, who I'm actually seeing later,
he moved down here in Miami.
He and I controlled the team
and Stefan Kellan, my co-founder,
and when he started building that up.
And CIA was apparently one of the first investors
in the company.
They eventually gave us money.
I think it was the second or the third round,
but it was only $2 million and we actually bought them back.
The reason we needed them is that Peter,
it basically known to give us money.
First of all, Alex Carpenter went all over Santel Road.
Like, you guys have all this talent
because they can measure talent even back then.
Like, why aren't you doing social media?
Why aren't you doing something new and exciting,
working with the government's crazy?
What's wrong with you guys?
It's not possible.
So he didn't think it was a good idea to help.
No, no, this is Alex and I talking to the investors.
So all the investors were being telling you guys,
they're telling us you guys are crazy.
No one does this.
Why are you doing this?
It's not possible.
It doesn't make any sense.
These are some big names.
Credible.
These are the big names.
These are, we got turned down by everyone.
I turned down by Excel by Sequoia.
The guy at Cliner Perkins at the time,
and they're a great firm.
I admire them very much.
But the guy at the time was no longer there.
He started laughing at us on the phone
because Alex didn't have a technical degree.
He's like, you guys don't even know what you're doing.
It's a doctorate, but it's not even a relevant doctorate.
They're laughing us out of the room, basically.
And what is Alex's mindset like when he's walking out of them?
What's he telling you?
Oh, we really are.
Because Alex is a very unique type of guy himself.
We were not happy with these people.
Peter Teele told me it was probably really good for me
because it gave me an even bigger chip in my shoulder
to make sure we succeeded after being mocked and turned down.
I'm like, 30 of these guys.
And Peter couldn't just only find it in himself.
Can you give other people to find these things?
So when we got in QTAL, which is the CIA's
venture capital arm at the time to give us a little bit of money
and Peter gave us even more of that was really critical.
And then how long later did you guys pay the $2 million back?
I think we bought it for a much higher amount.
We had some option.
I forget.
I must have been five or six years later.
So they still made some money on it.
Oh, they made plenty of money on it.
And you know, and more importantly,
we saved the government billions of dollars
versus what they were doing.
You literally have things going on.
The DHS guys, I remember there was some unitist thing
where it was like $3 billion to integrate all the data.
And we came, we showed them we couldn't
do the same thing for them out of the box at a month.
Like, don't waste billions of dollars.
So it turns out competence saves the government
and lots of money and protects civil liberties.
People don't realize it's both of those things.
What is the desire to constantly use names that are from,
I believe, Lord of the Rings, right?
What does that come from?
Peter gets credit for naming.
Peter gets credit.
You know, but I'm a fan of it.
I think, listen, and we wrote about this at that time.
So at the time when we're creating this,
we say, this is a dangerous thing to create.
You know, but we believe it's a,
we believe it's a worthy thing to create.
And it took a lot of courage.
Like, there's a lot of different things we could have worked on.
It could have made a lot of money doing a lot of other things.
But it was really important to both help.
You know, we have to eliminate,
probably about to 10,000 terrorists
that might not have eliminated.
We worked with all sorts of amazing groups
in the government alongside them
with the technology and with the ability.
And we help protect civil liberties
and make sure the government watchers are being watched.
Now, of, you know, of course, if you create this technology,
it's if it gets into the wrong hands
and they turn off the autotrails.
You know what, what I can be done with it.
So there's, there's good and bad here.
Yeah. So, and, and we'll get in,
I want to get into that as well.
But going back to the meetings of gone meeting with investors
and them saying, you know what, you know,
you guys don't know what you're doing.
You don't even have the real degree Alex said
in one of the interviews.
I think he may have said it to you.
He said, I wish we would have told him to f off
and just laugh some way.
We were so polite.
They would have probably respected us more.
If we, if we are just like, were you naturally polite
or were you intentionally becoming polite
because you needed the money?
I thought you were supposed to do it.
We needed the money, man.
I know what you're supposed to do.
So, but, but it's, it wasn't naturally
because you were disagreeable for talent.
Well, yeah, at the same time,
I think both of us are not the kind of people.
We're probably a little more arrogant now that, no,
we've been successful.
More arrogant now.
We didn't know that we didn't know for sure
we knew what we were doing.
We felt we were doing something smart,
but it was our first time.
He said, he said, I think it was,
I wish we were more arrogant in certain areas
and less arrogant in certain areas.
That's, that, that, that, that's well said.
You know, it was interesting when you're creating our company.
We kind of reinvented a lot of things from scratch.
And in some cases, it was probably frankly genius.
In other cases, we could have just hired someone
and knew what they were doing.
And it's like, when you're building a company,
I talk about having adults in the room.
There's certain types of adults you don't want to bring in
to a startup because you don't want people
running a machine in a standard way.
You want to be creative,
but there's certain parts that once you get there,
you probably do want the adults to show you how it's done.
So there's, there's some things
we need to be able to learn from others.
What was your strength in the partnership
as a founder? What was his?
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I was really good at recruiting the first few hundred people
and kind of pushing forward on the kind of like
the product strategy and whatnot.
Alex was really intuitive about institutions,
about how the world works, about how we come across,
about how to get into certain places,
about how make deals happen,
about how to communicate in the right way
that you're coming across to create value
for the other person in a way they understand,
the way they can get it done.
Alex is a philosopher and he understands how
people and organizations work and how to navigate the world.
Got it, got it.
So his, was he more the one selling the vision?
You were more recruiting the people, both of us.
Well, I think recruiting is a lot about selling vision as well.
I, when we, when we gave people their offers initially,
we, this is really early on the beginning,
we give them three options of like higher salary,
middle or lower salary, and higher upside, middle or upside.
And I'd put on the sheet sheet of paper,
the lawyers hated this, but I put in the asterisk,
that it might not be exactly right.
I'd say, okay, if the company's worth $5 billion,
and this much solution, here's what your shares might be worth.
And it'd be like five, or you know,
you're here at the company's worth a billion dollars,
here's what might be worth.
And people would say, Joe, you can't show people
if it's for $5 billion.
That's totally unrealistic.
But you had to say, no, here's why it could be worth.
And now it's worth what?
$335 worth.
Yeah, now it's worth $100 billion.
Yeah, it was a lot bigger than that.
So you couldn't say it's worth $5 billion.
People thought I was ridiculous.
So let me get to straight.
So, so you're sitting in front of me,
and you're telling me, Pat, you can take 200K salary,
350, I'm just making up numbers.
500K salary, okay, 500K salary fits $5 billion.
You're going to get $10 million.
Yeah, but up here, like 50 million dollars,
it's going to be 50 million dollars.
Literally what you got.
Something like that, lower salary is a course,
but yeah, yeah, exactly.
Wow.
And so, based on what I would choose,
would you judge me and put me in the totally?
I tell you, if you choose the high salary
and low upside, then I have to go.
I'll be very skeptical of you.
Would you still hire me or no?
Sometimes, but usually, you know, I work out,
we measure everything.
Sure.
After the fact, all the very best guys
shows the low salary on the side.
All the very best guys choose a low salary upside.
Cause they want to get in the game.
They want to be part of the mission.
Yeah.
And by the way, how much,
especially since you said you recruit
the first few hundred people at Palantir.
So, and you were at PayPal
and you watch how they recruited you.
How much have you noticed recruiting change
from then till today due to AI?
So, oh, no, it's not just AI.
It's that people recognize talent so much better.
So, Palantir was getting the best of the best.
We get the top people, the top schools, Facebook
and Google kind of caught on to some of this.
They started giving big signing bonuses.
And so what, like, 2009 or 2008, 2009,
they started giving 150K signing bonuses,
which at the time, that sounded like a lot of money
for 20-year-olds, ridiculous.
Now, the top AI companies,
it's like multi-million dollar signing bonuses for them.
I saw this one guy got a billion out of offer.
He turned it down.
This was like nine months ago, 10 months ago.
Yeah, that's like the very best guy.
He's probably taking some knowledge for one place
to another.
So, it's a little sketchy kind of what they're paying for there.
But for this, the raw talent,
you're still getting millions of dollars
for coming into companies.
Just being the most talented,
kind of math Olympian.
That's a young guy coming in.
Yeah, but it's like, think about it.
It's like, it's like, you know,
you hire a young guy for a basketball team
who's the best basketball player.
Similarly, the gold medal programmer in the world
who's going to add this unique ability
with that worth.
So, it's worth a lot.
So, today, it's not uncommon for a young guy
to get a five-million dollar signing bonus cutoff.
For the very, it's going to be a top athlete.
How do you protect yourself
with the guy walks in six months?
Well, is there a clawback?
Yeah, you start your structure in some way
that it's built in.
I mean, if you walk in here,
you might be able to keep it,
but you hopefully distribute a lot in a year.
But he's getting equity and he's vesting into his upside.
So, you don't want to leave too soon.
If the company's doing, well, he's going to stay,
because he's going to earn that equity in a just...
He's going to get the equity for the next four years.
He's going to want to stay in earn that.
So, you've got the signing bonus,
you've got the salary, and you've got the equity.
And sometimes a sign bonus,
you might ask to take his equity if he's bullish,
which by the way, the best people often do.
They want a bigger piece of the game.
So, I'd give you five million dollars.
I'd give you five million dollars worth of share today
that could be worth 100 million dollars.
So, he takes a million of it in cash,
and he gets these comfortable,
and he has four million of it in shares,
because he's smart and he wants to make the big money, you know?
Yeah. So, that's one thing that's changed
with recruiting the cost.
How much cost did he give you?
It's a cost.
What else has changed?
I mean, so it had a part of my second company
after a palate here.
It's very successful.
It's like $10 trillion in this platform for wealth managers.
And, you know, the guy used to work for me, Scott Wu.
He had won the gold medal and programming
three years in a row.
So, like, it's like King of the Nurse basically.
Everyone knew who he was and these competitions.
And he worked for me and then he went on.
And now he's running one of the top AI companies.
But the fact that I was able to hire him
and people like him just by like showing up
with these contests and hanging out,
now there's like hundreds of other firms
going after these contests, sponsoring these contests.
They all know who these kids are.
The game's gotten harder.
You have to look harder for these top people now.
And it's harder to recruit them.
And you better, I have an advantage
because of everything I built,
but you better have a reason why they should be coming
to work with you if you're just a random new person.
It's really tough.
I'm a differentiator.
All right, I've built multiple different
multi-billion dollar companies.
And this is my main thing I'm doing.
Come work with me on it.
That's a pretty good pitch versus,
you never heard of me before, right?
So, it's a lot harder.
Got it.
So, the differentiator is,
from moral authority, previous track record,
I've won before will build in something big again.
Come join us.
Say the best thing is this other guy you know is there
who's a genius and you want to work with him and learn from him.
So, it's all about chicken and egg.
I've got to start with the best people
and the other best people.
The balance that really did it.
We started with a bunch of the best guys.
The other ones want to be with them.
We want to learn from them.
So, you guys have a nucleus you start with.
What else did you do at the beginning?
The first few hundred or pound two you'll recruit.
I mean, that's a big thing to say.
That's the foundation.
Yeah.
What other methods did you look at certain schools
to recruit from that?
Yes, we had teams that had about 20 of the top universities.
We have playbooks for flying there.
We could raid other companies.
It sounds really bad when you talk about it.
The most ridiculous version,
one of this guy, Nathan, who was helping us build a company
early on, he had worked at eBay
because eBay bought PayPal.
He didn't paypal.
And we couldn't have got a conference room at eBay.
And I was like nine, 2021 at the time.
And we were interviewing people at eBay
to come join our company.
And I felt a little bit awkward about it.
But I'm like, I guess this is what people do sometimes.
Turns out you weren't supposed to do that.
But anyway, it was-
Did it work?
Yeah.
It was such a badly-run company
that they didn't even have any idea that it was going on.
Which is, you do that.
My company, I'll mess you up, man.
That's not cool.
I'll be like on your mobster, friends.
Yeah, yeah.
Well, listen, you almost have to have that mindset
and build something big.
You know, you're like, fight people.
But eBay was like a sporadic group of like MBAs
who didn't really have strong opinions about it.
At what point did you know,
Palantir was special?
Like it really had legs.
You know, it was, for me, it was like when I had
some of these people joining Bob McGrew
and he came in from, you know,
he'd been Stanford PhD and had been at PayPal.
I was a superstar.
That's part of the reason Peter gave us money
for one round is when he joined
he ended up running a bunch of stuff at OpenAI
after being at Palantir for 10 years.
But when he came, these other guys came,
when we started to get into the FBI
and the, you know, it's just like three or four years
and it was, it started to really work
and all this top talent started coming.
It was very special.
And what happened?
So when you're saying FBI, what does that mean?
Like they're approaching you guys,
you're solving their problems, they're seeing,
you know, it's so hard to sell the government.
And I use the CIA.
I use the thing it was like the CIA.
It's actually like 200 competing orgs
that don't like each other.
And the FBI is like that a little bit too.
There's lots of parts of it.
So we are working and doing pilots with both sides.
But we couldn't get a breakthrough.
And at one point, we finally, it's kind of funny.
They were jealous to each other.
They wanted to be first, but they didn't want to be first.
The CIA government is very funny.
I've done other things.
We sell the government.
They both want to be able to tell everyone how innovative
they are, but they don't want to take any risk
in being the first one to do something.
Because they can get fired and they're very risk-versed.
People tend to be bureaucrats.
And so we are doing all these things they needed,
but they're afraid they do the big contract.
And I think both of them thought
the other contract was going ahead
and then they both signed at once.
And then we got in and we started out real value.
And listen, this comes into a long time
to iterate and figure out how to help.
But it was once you started breaking in
and iterating with them, it was clear we were going to get there.
And what role was Teal Plane?
Teal was like the chairman of the board, co-founder, strategist.
He stopped us from making some really key mistakes
in years, two, three, four.
There would have been some bad partnerships we were going to sign.
He made sure it was funded.
He made sure the vision was the right direction.
Are you comfortable sharing one of them?
Yeah, sure.
I mean, there was a company that was going to get us
our first few million dollars of revenue
to be partnered with them in DC.
But they would have kind of locked us into something
where they owned a big piece of the whole thing long term,
the way they structured it.
And that would have capped the value.
We might probably would have been a better chance
of being worth 100 million
and no chance of being worth a lot.
That big of a difference.
I mean, because they would have owned a piece of the market
the way they wanted to structure it
and how that's some rights.
And for me, I'm just trying to make this thing work.
So you're like, oh, it's going to give us millions
of revenue.
We'll be able to get over here.
But it would have really taken away a lot of the upside.
And he's very smart about how to structure these things
and I protect yourself.
And he's always been the thinker behind the scenes
who you check everything with
and who you make sure you're going the right direction.
What why was Palantir started?
It was started to protect the West against Islamist terrorists
and to make sure we say the government money
and protect the civil liberties.
That was the mission.
That was the mission.
That's truly the mission.
That was truly the mission.
And you're saying that to me in the interview
when you're recruiting me.
You know, I don't know if we used, yeah,
we used a lot of words like that.
When we were first starting out,
we were telling him, are you literally telling me,
we're going to save the free world?
Oh, yeah, we say, listen, the technology cultures
that exist in the West Coast,
which of them interviewing you,
you know, you're one of the great technologists
and you know, your friends are amongst the very top.
The things we know how to do here,
they do not know how to do that
in this part of the world in DC.
They just don't.
They're way behind and they're broken
and they're wasting tens of billions of dollars
and we're getting attacked
and they're abusing our data and they're incompetent.
And we're going to have to do this for them to come in.
And it's important that at least some of the best people
in the world go and help the government be less stupid.
I mean, that is, that is, that is what,
if you want to matter, you know, got it.
But that mission was full on bottom.
You, Alex, you guys are on the same page with the mission.
Yeah, save the shire we used to put it
because this comes from the lower the rigs.
But you're saying the shire is this Western civilization
is protecting the innocent,
it's going off and doing the mission for them.
Let me ask you the process.
It is it, okay,
pre the idea of Palantir.
You're sending them guys, this is a problem.
We have to save, you know, the free world,
we have to save the, you know, Western ideology.
Here's the enemy, you know, what they're trying to do.
How can we solve that problem?
And then do you think about what company can we develop?
They can solve this problem?
It's, there's a go mission first, solution second.
What is the, what is the, the, the tools
that were built at PayPal to, to stop the frauds.
This is the rush of when you were talking.
The Russian in Chinese mouth, right?
You had to be able to stop those guys.
So the, we built those tools and we, how nasty was it?
Bet all of our competitors go bankrupt.
Everything else was going bankrupt, basically.
That this is, this was existential for PayPal to solve.
What kind of money did they get?
I mean, it was like seven or eight million a month.
That was back when I was a lot of money.
That you have to remember, early stages of PayPal.
This is like, I mean, it's like seven or eight million a month
at a time when it's scaling a lot of months.
Enough to make it unprofitable.
Got it.
I don't know the exact numbers,
but it was enough to make it unprofitable versus profitable.
It was really key and it was annoying
because you could, because you had to not accept certain things
if you couldn't stop these guys, right?
So it'd break a lot of stuff.
They'd run money through a system, they'd take it out.
You might go to seven, eleven, buy something,
they're going to get your credit card, sell to the group of Russians.
The Russians are going to open accounts, transfer a bunch of money.
You're going to then skip PayPal $300, you say, no,
you'll charge it back.
And then, and then, and then we have to pay the,
if you don't know what the other guy is paying.
And so there's always fraud you have to deal with.
And then it turned out that like the types of problems
we realized we were doing for investigating that,
you could extend those to a lot more types of problems
and build investigative software that didn't exist
and be able to like look into all the data,
bring data together, basically have the human mind extended
into the 38 billion dollars of data
and make sure you only access, we're allowed to access
and how make sure you have autotrails to do it right
in order to get the back guys.
And so that created so much pain and annoyance
that led to the mission and it inspired from there
to start a company called Palantir
that prevents what Russian-China did to you guys.
Well, at 9.11 happened after that and we saw,
and we got to know these guys and we saw them
reacting to a badly, we said, wait a second.
We got to help things at the same time.
Yeah, those two got things, got it.
Why do so many people not trust you?
Why do so many people not trust Palantir?
Every, by like, you know how,
when you think about every decade,
there's a company that people look at us evil.
You've got Monsanto, you've got Anron,
you've got all these guys, you know, 20 years ago,
they hated these companies, they hated AIG.
But man, when you think about Palantir,
a lot of people say, what is your motive?
What is the vision?
What are you guys trying to do?
Well, I'm not running it anymore, first of all.
So I was, I was the other first decade,
but I'll tell you, you know,
first of all, when you're really successful,
people attack you, that's always going to happen.
And second of all, this is a, this is unusual area.
You have a company that is helping,
helping the government, you know, eliminate bad guys.
It's helping the government do things
who wants to do more effectively, more efficiently.
And some of the things government's doing right now,
people are not happy with.
And so I think it's an interesting question,
like should a tech company stop helping the government
when it is a piece with it?
And I think Alex Carp's spoken really well on this.
And I know, listen, Alex Carp comes from,
you know, he had an African-American mother,
he's got a kind of Jewish professional,
for a photo father, he comes from the left, obviously,
Peter Till, obviously, he's more on the right.
And, you know, so we come from different political sides here,
but they both agree that it's better for the world
to make American government and America more efficient
and work better, and not throw sand in the gear
is not break things.
And so the question is, like, should Silicon Valley
get to decide policy, or should the government
get to decide policy?
And our view is, we want to watch the watchers,
but the government should get to decide policy.
Our public has a mechanism for deciding
and we should follow that mechanism.
The first is being in charge of ourselves.
If fear becomes, what if somebody evil runs it after Alex,
then what?
What if somebody evil gets to hold away
you guys are building, then what?
Well, it's, see, that that's not what's scary.
What's scary to me is if it's a far-re-public,
he lacks a really, really bad person,
and they try to get around things
and use technology and power in ways they shouldn't.
Pals are repossible, because it's very possible.
That is scary to me, and that's what we often fight
to be part of the political process for our views there.
And to make sure we have checks on power,
which is quarter of their US constitution.
What Alex is doing, he isn't getting the data himself.
Alex is running a company that builds technology
for our clients, right?
I should say our clients.
I'm an advisor, still a proud founder.
I'm not running a pound to these days,
but the pounder is helping them use their data.
We're not data ourselves.
You see what I'm saying?
Like you're helping them see things and do things
that couldn't do otherwise with their information
where it's not like pounder itself has all the information.
How many of the events that happens in the world
were watching like, you know,
this pounder involved them.
For instance, it, and I know you're not involved today.
Like Madoodle was pounder involved in capturing a game.
But Elmentio, the Mexico, you know,
the cartel guy we just killed in Mexico,
were you involved in gathering that intel?
Because if you're thinking all these intel,
and by the way, a lot of agencies use you, right?
It's not just CIA that uses you.
So you know what everybody is doing.
Not but we don't actually, because the people who know
are the people who have the clearance
to see what's going on there.
So there may be things that happen that Alex,
even if he's running the company,
may not have the top secret clearance
for that particular operation to be involved in that.
Is there anybody in the company that has the clearance
to know what everything's going on?
I actually don't know the answer to that question.
That's interesting.
I doubt they do, because a lot of pounders work
is with allies all over the world.
Different allies have different clarences
and different things they do.
So be very unlikely for someone to see everything.
Now, the real question though is,
do you want this operation to be done efficiently
and effectively as possible?
Or do you want to be done slightly stupider?
I mean, that's really the question we're asking here.
Should this be done in a slightly stupider way
or a slightly better way?
Because that's all pounders doing is on-site with them,
helping them do it in a better way,
given the information they're allowed to use.
So in a situation with a maduro or a mancho,
is there a possibility that pounder was involved?
It's very likely to me that the technology
and that was involved in its capabilities were involved,
and then they helped them do it in a better way
than they would have done it before,
especially with the US operation.
I don't know about the Mexican operation,
or not I'm not just speed on what they're doing there.
Meaning the Venezuela operation.
Venezuela wanted to be surprised
if it wasn't involved in some way.
But again, pounder is a tool being used.
So my others in our government who are in charge,
who are making the stride, if you explain that.
So how is that tool used?
What does that tool help you do?
If I explain different technology,
I can say, here's what HubSpot helps you.
Here's what Salesforce helps you.
Here's what this technology helps you.
How does pounder help in that process?
So what pounders, I mean, it's a lot of things
to explain, but pounders bringing together data
from a lot of different sources in the government.
Like I said, what I started to pound here,
government spent 30-something billion a year
of gathering data, I bet you it's a lot more than that now.
So there's literally hundreds of thousands of databases.
There's literally signal intelligence, human intelligence,
and there's all sorts of rules about who could see
what they could do.
So they're not, for example, people are not allowed
to spy on US'es and use that data.
That'd be legal pounder would flag that
and say, this is against the rules
you can't be doing this, right?
So the whole thing is a rules engine
that has very strict rules.
And then so there's someone who's using it,
they're getting all the stuff they're legally allowed
to be doing based on the policy of our republic
and they're bringing it all together
and they're putting it together.
Because it's very complicated if you're a lot today basis.
Is this the same person over here?
Is this person over here?
Is this Mohammed, is this Mohammed?
You know, is this guy, you know,
is this guy with this less common Hispanic last day
and the Sarah, the same as this, the Sarah,
and they're mapping it all out
and they're taking all the information they can
and they're using that with AI along with their judgment
to ask questions and write and make plans
and figure things out and connect the dots
and then get things done better.
At the beginning stages,
who didn't want to see Palantira succeed?
The Primes, all the Primes.
So in America, the Primes are the big defense companies.
In America, we had for a long time
the most competitive best defense companies.
In the 20th century, there were maybe 80 or 90 of these,
they just were dominant in the best of the world.
After the Cold War ended, we had to lower the budget,
probably a good thing.
I'd rather more money goes towards other things than war.
Cold War ends with the Primes all to merge.
They merged in these eight or nine, six of them.
Yeah, exactly, maybe even eight or something,
but they're much smaller,
much fewer number, much bigger companies,
and they became so dominant,
but they became more like the government themselves
because they interact with us so much,
they became big bureaucracies.
And these big bureaucracies, a lot of the best tech guys,
they all fled to the tech world,
to the best places in Silicon Valley, to other places,
and these places got really good at what we call
innovation theater.
They're gonna convince in Congress, they're innovating,
but they're not really innovating anymore.
And they stopped innovating
and there's only two companies
that broke through these primes.
They're gonna do this balance here in SpaceX.
Both pounder SpaceX and it was really hard.
It was really unfair.
They beat the crap out of us.
We do things that would save huge numbers of lives.
I'll tell you, so we work with a special forces.
At first, a special forces are like the most elite
like soldiers doing really important missions
and their lives are on the line a lot.
So they wanted the best tools.
And when balance here went somewhere at first,
it was very often special forces guys
using it for key missions to save their lives.
Now, at the time, we were in Iraq
and there were army brigades in Iraq
and they saw us saving lives in special forces.
They can use it too.
And the government wouldn't pay for it.
So we said, of course, you can use it for free
because we're patriots, that's the whole point.
So go use it for free.
Just give us the data.
Back legally, it was for not.
Reaching out to you.
This is like all sorts of people in the military
working with our guys in the military embedded,
working with these guys, not PMCs.
These are actual guys in the military.
Like lieutenant colonels in the military.
So new types of colonels are reaching out to us.
And the government doesn't want to fund it.
Can you help us?
Getting a general's permission, pushing it in.
Wow.
These are guys in the ground,
because their buddy's lives are on the line, right?
Sure.
We have a lot of great soldiers without the approval
of the US government.
No, no.
People would approve if they would use it for free.
They would just say, we're not going to pay for it.
I don't know, because we don't want to get a trouble
stopping you using something.
It's going to work better.
And so in this case, we stopped tons of deaths
from IEDs, because we're able to track where the IEDs,
most likely where we're able to track all sorts of things
going on.
They reported back all these deaths that we stopped.
And then there was like a five, whatever,
three or five billion dollar bid
for the defense ground control system again.
And we'd already been used better than anything
they were doing before.
The way ahead, everything they wanted,
and they just, like, no bid gave it to a prime.
And we actually sued him at this point,
because it's not allowed.
You have to consider others.
We actually won the lawsuit.
The generals in charge are getting into the prime.
We're ordering people behind the scenes
to destroy the records of live loss,
but some guys that saved the lives that we'd saved
so the general couldn't hide it.
It's like, it's a totally corrupt.
It's totally corrupt.
So we had to break through.
And then a lot of others saw this.
And this is really just for the culture
and the military now.
And SpaceX broke through them, hell,
and tear broke through, and now Yandrel, of course.
They're starting to say, wait a second,
we've got to be open to the outside stuff.
We can't just only do the primes,
but that was a big fight for us for years.
Who's, which of the primes are bigger
than you guys right now?
Everyone's still, everyone's still bigger on revenue,
because Palantir's still a small economy.
Palantir's about half government,
a little bit less than half government revenue.
So it's like, you know,
it's in the single digit billions for revenue.
And there's primes being tens of billions of revenue
that are much bigger than I spit around forever.
But we're growing much faster.
That's why we're valued highly.
But market cap wise, you were hired in the prime.
Mark cap wise were higher, but revenue wise were still much.
Do you, do you, I mean, you're not a part of the sensor
or nine-year-old advisor?
Is there any situations where Palantir
has to deal with the prime?
Oh, yeah, all the time.
No primes still run a lot of stuff.
And by the way, there are still parts of things
the primes do that are the best in the world
and you have to work with them.
The problem was, is early on, we've counter tried to do anything.
The prime, they say, like, oh, we'll take 99% of the value.
We'll give you one percent of the value.
We'll take credit for your work.
It's like, it's like they just beat you.
It's because they're in charge.
When you say 99, it's a hundred million out of a project.
It literally paid you over a million bucks.
They're giving me a million bucks for something.
And then we'd actually do most of the work,
and it would drive us crazy.
So, in own nine, which is 17 years ago,
what's top line revenue day year?
Oh, I don't remember.
But it was.
Is it in the millions or billions?
Oh, probably in the 10, 10 millions.
That we didn't cross the billion for 15 years.
Took a long time.
So in own nine, companies been around for five years
and the revenue's in the million.
It's a tens of millions, probably.
Tens of millions.
Yeah, got it.
It might have just been crossing a hundred.
I don't know the exact numbers.
Got it.
So if that's who didn't want you to exist at that time,
who today is your biggest enemy?
You know, and I really can't speak for the company.
So this is just me now.
Sure you are.
Looking at them from the outside.
I would think the biggest threat to parents here
are like the extreme populace on both political sides
who don't want our country using better technology
to succeed basically.
And you know, there's a lot of,
there's 1200 laws right now in 50 states
trying to be in different types of AI for things
that I think are just ridiculous.
I think most of the, by the way,
some of it's good.
You got to like protect content creators.
There's things there's legitimate things
that push back on.
But a lot of this stuff is nonsense.
And if those nonsense passes,
it's not just naming the pounders
and naming it to like thousands
of our best innovative companies right now.
So, so I think that's actually the biggest threat.
This point because pounders so dominant
in any value, just so many thousands of companies.
Can we like specify who would be fart?
Are you saying things like a non-interventionalist politician?
Is that okay?
Oh no, no, no.
I'm talking about laws that are,
I'm talking about laws that are like,
like Bernie Sanders trying to stop all new data centers
or something crazy like that.
Or people who are saying,
we want to throw developers in jail
if things don't go right with AI or something,
which there's laws like that.
They're browsing in Maryland, Virginia.
Or there's people saying, you know,
it's a lot of people who are technically illiterate
writing state law to block things
to create new regulators to stop you from deploying.
It's stuff like that would be it is that.
Again, I see the president's working to deregulate
and kind of still keep an open source
and allow you to compete
without making it too regulated.
Yeah, David Sacks is working hard on this
for because he's the head of AI for the president.
And, and you know, my view is that
we should have certain regulatory frameworks
to protect kids and protect common creators
and have reasonable law,
but we shouldn't be having each day
have its own regulatory code.
That'd be crazy.
Did you see this recent movie that came out called Mercy?
Have you seen Mercy?
You haven't seen Mercy?
Oh my God, you got to watch Mercy.
So it's a movie with Chris Pratt.
I've been telling everybody to go watch this movie.
Specifically you, like in every employee
at Palantin, you should go watch this.
So Mercy is a story of this actor, Chris Pratt,
who wakes up, he's locked into this chair.
Okay, handcuffs shackles.
And the judge is that face on the top.
If you see the face on the top, that's the judge.
It's an AI judge.
You have 90 minutes to call for her.
Why you didn't kill your wife.
In this case in a movie, he killed his wife.
He's like, what are you talking about?
And she has access to every video to pull up.
Can you go to this state?
What happened that morning?
When I walked into that scary stuff, man.
Well, do you see a day in the next 20 years
where we could be living in a world where judges could be AI,
politicians could be AI?
It could be based on models.
That's not the world I want to live in.
How do we prevent that from happening?
Well, the Constitution is pretty clear about the rules.
So I think we should make sure we stick to the Constitution.
If we're going to amend it, we should be really
do.
I'm careful not to give AI a random power like that.
That'd be my view.
But the whole point of how America was designed
is checks on power.
The reason America is a truly great country that's
lasted as long as it has.
It's our 250th anniversary this year
is because our founders were philosophers
from the Enlightenment, and they found a lot about this.
And they realized you have to check government power.
You have to set it up with lots of different checks
on itself.
And the whole point is for the government
itself not to be allowed to ever be evil.
And by the way, that was how we built
Palantiris have audit trails and to watch the watchers
and to have checks, you have to have checks on power.
Otherwise, government is dangerous.
Yeah, but if we're going into the robot era
of developing robots, and if all of a sudden
you have 400,000 robots that you program
from your headquarters, and your competitors
got 200,000 robots, and third places got 17,000 robots.
And all of a sudden, somebody becomes evil
then what happens?
Well, this is why it's important for the military
to have the most powerful robots,
and not some kind of corporation that obviously
is very important.
And by the way, China is trying to build those faster
than us, and that's why right now we're trying to make sure
we stay ahead of China.
And it's, listen, our military,
how it's controlled by our government.
That's a very important thing our public has to get right.
But obviously our military has to stay ahead
of anyone else.
That'd be very bad not to have them not play on power.
You said it eloquently of who you think Palantiris enemy is.
Who do you think is the enemy of the state?
Top three enemies.
I think our top three enemies are probably
our adversaries, right?
I think our country right now is very polarized.
It's very polarized.
And I think social media unfortunately does that.
What are adversaries to give an edge of that?
I think China, using TikTok, finds ways to
polarize us more.
I think Iran, very clearly, the guys running Iran,
I'm a very big fan of the Persian people,
but the guys running Iran are a bad guy, theocracy.
And you saw when we hit Iran with Israel last time,
and the internet went down.
And you saw 15% of global Bitcoin
and hash rate went away.
And you saw a bunch of bots that are guys
who pretend to be Christians who hate Jews and Alabama
also got turned off for a while, right?
So they're trying to find ways to divide us, man.
They're trying to find ways to pull us apart.
What a powerful thing right there.
The 15% of Christians who hate Jews and Alabama.
Well, 15% of global Bitcoin and hash rate went away.
Sorry, that was another point.
So Iran was mining 15% of all Bitcoin in the world.
We found that out because it went away as soon as we hit them.
But then there's literally hundreds of thousands of bots.
They were like, just angry Americans.
They were angry Americans.
They're pretending to be Christian guys who hate Jews.
They're pretending to be crazy people in America
who are different extremes who are arguing.
So there's a lot of stuff that's planted.
That's planted to make us fight.
Let me ask you, if Iran was able to,
who actually knows?
This is an interesting thought.
I'm curious what your answer will be.
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We chose patience, spending two years perfecting every detail,
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Rather, intentional, luxurious, timeless.
This doesn't Ilan, if he wanted to really run a report
with the data that he has.
Is he able to see who is behind the fake bots
that are causing retweets to happen for a certain message
that's going to undermine a certain way of thinking
and pin people against each other?
Somebody should know.
Yeah, Ilan did something very courageous
with his team a couple of months ago.
And I don't know where it is now,
but they put all the country of origin up on all these things.
And you saw all these very divisive stuff.
You had this like A-pack is evil report, A-pack thing,
and it was like a European account, Tidra Iranian account,
Tidra, a Pakistani account.
I was like, wait a second, you guys have been saying
you're from the south, like what are you doing?
You're obviously a foreign lobby who's doing this now, right?
And you got a lot of versions of this.
We're all of a sudden, all of these accounts
that were, they were storing up trouble on both sides.
We're actually foreigners.
Yeah.
I think it'd be interesting to see, to see numbers,
I haven't looked at that much.
Well, I mean, if you were a data company,
a Palantir or X also a data company, any of these guys,
I would assume they know exactly who's behind it.
You know, the problem is it's very easy to create accounts
and be a real person or not be a real person.
So I don't know if they know everything.
I think there's a lot of bot farms.
You can see the words coming from where,
but if you're really good at this and you're a state actor,
you can use different IP addresses,
you can use different spoofs, you can do things
to make it a little bit harder for them to tell.
And so you might be able to create a lot of fake accounts.
Who is using bot farms?
Who are, to Chinese customers of bot farms?
Chinese are using probably the method of use.
To create so division and to push things
and to make the crazy politicians more popular.
The Chinese love making socialist more popular in the US.
They know it weakens us.
They have a word for like crazy white person,
which is like this kind of white crazy person on the left.
And they love to, they know it's a problem there.
They want to ban it there,
but they want to push it in America.
Then they think it weakens us culturally.
That's one of their models.
They have a, the Chinese do cognitive warfare.
You know this, right?
So there's like land, sea, air, cyber, and cognitive.
And they have a whole branch of their military.
They're just doing cognitive warfare,
using all this stuff, whether it's especially TikTok,
but all these other ones as well.
And they're very good at it.
What are the tools?
That's how to TikTok.
I mean, all the social media stuff, all the protests,
like there are big funders of,
they'll figure out something like a Black Lives Matter thing,
or they'll figure out something going on
with some environmental thing.
And both Russia's done this too historically.
They find it a lot of the green movements in Europe.
They knew it was good for them to do that.
And they'll figure out, and you know, China nowadays,
they take all the data they can.
So there's companies like, you know,
I'm told air wallocks does this.
I don't know myself.
I'm told air wallocks has all the data that goes through China.
And the Chinese government has access
any data in China at all.
And then we'll use it to model.
They have models of you.
They have models of me.
They have models of everyone.
They try to figure out how to use those models
to influence us and influence people about us
for their ends and for our divisiveness.
I mean, they're very good at it.
I mean, we saw they did that with TikTok, right?
And to the point where we saw what happened with Gen Z
and LGBTQ and the tie between it,
the percentage is going to,
they got to a point that Bill Moore had to talk about them.
They, the Chinese very clearly saw a few issues
were very helpful to attack us with.
One of those issues is Jewish people.
Chinese have decided that it's very helpful
to create divisiveness around Jews and America.
Because they see attacking Jews or something
is very, very useful to do that to rip us apart.
And it is.
It is.
It's actually caused a lot of problems.
Unpacked that, go a little bit deeper.
So I think the Asian people maybe are a little more racist
in some ways than we are.
They think of things more of those terms.
They just are, that's my experience.
And so if you stop and think about this,
there's a lot of Jews that are very successful.
And there's a stressful Jews in America.
They see as an edge for America.
And they see that it's,
but they also see there's a lot of resentment.
So that's a really easy way to create divisiveness
against something that's helping us.
And so that's like, they go right at it.
And they're very smart about how to do it.
You go all over TikTok.
You go all over everything they do.
And it's like, boom, let's just stir that up.
Let's stir up the Black Lives Matter stuff.
Let's stir up this other thing over here.
They're very good at it.
But have you ever seen, how old are you by the way?
I think you're 43 now.
43 now.
Yeah, I'm 47.
I just turned 47 a few months ago.
Have you ever seen the Jewish story
and the division being this high temperature wise
in your lifetime?
And our lifetimes is the highest it's been.
And it's not just China.
Partly what's happening here is this is the first war
that Israel has been involved in in our lifetime
with social media.
And if you go on social media,
just the ratio of people who are passionate
against Israel versus for Israel is 100 to 1, probably.
Just based on the number of Muslims in the world.
There's like good Muslims in the world.
There's going to be a lot of extreme ones
who are really passionate about this issue.
It doesn't mean they're not good people.
They can disagree with me.
And so that itself is going to create a lot of passion
against Israel and Jews, right?
And so there's already that already exists.
And then you can exploit that to push it.
How do you address that?
How do you address it?
I mean, man, this is a very, very tough issue.
I mean, you got your to brains.
How do you address that?
How do you fix something like that?
Because it doesn't seem like it's the temperature
is getting any lower.
Well, you know, I would like there to be peace
in the Middle East.
And I think for me, the only way to have peace
in the Middle East is to free the Iranian people
and all around sponsors of terror around the Middle East.
And I think that leads to a very positive outcome.
And hopefully Israel and Insadi and UAE can all sponsor
and create peace in the, you know, in Gaza together
with when most of the Theoprots are gone.
And hopefully that's a much more positive outcome.
As long as the Iranian Theoprots are there,
we're just going to be a recurrent issue for us.
So I really hope you take them out.
That's, I'll be honest about that.
You really hope we take them out.
Then well, I think they're evil, evil,
people who have spread murder and terror
and more terror to their own people than anyone else.
And also, it's a horrible place.
Yeah, it was one of the most beautiful places
in the world and one of the most wonderful places
the world if we could get rid of the bad guys.
Oh, if you do, I mean, there's a song
by a singer named Moeen.
And he says,
My heart wants me to return to Esfahan.
Esfahan is one of the richest cities in Iran with history.
When my mom and dad were still married to each other
for those 10 or 11 years,
the only vacation we ever went on was Esfahan.
And I picked her still today as a kid,
going there with my sister and my mom
and my dad, Craig Memories.
But yeah, that's Esfahan right there.
And Moeen says,
De la mijad bes faan badger them.
I'd like to one day return.
My heart wants me to one day return to this city Esfahan.
One of my favorite books is Cyropedia,
which was written about Cyrus, the great leader.
And it was used actually to train European
and aristocracy princes for like 2,000 years.
And there's all the wisdom of Cyrus.
So you just, you kind of get this like,
really sense of like the greatness
of the Persian people from that.
And it's like, it's very optimistic.
It's about virtue.
It's about, you know, Machia Valley ended up
becoming like the thing people used after him,
which is the opposite.
Machia Valley is like this very cynical take,
which is, it's a dialectic.
It's also true.
But I really like the Persian's idea.
And you grew up on mom's side's Jewish
and just like the, what the Persians did for the Jews
and the natural alliance has been there for thousands of years.
We still, that's what we still feel.
So I think really hope this is something
that can become a positive.
Why do you think no matter what happens,
it's always the juice fault.
No matter what happens, it's always the truth.
I think you, I think you're going to blame the people
who are outsiders who are different,
who are successful.
I mean, I could say it kind of Jewish.
I think it's slightly annoying sometimes
when you're like, it's like this little neurotic,
like smart person who like makes more money
than you.
You kind of want to punch them in the face, you know?
I don't know.
I don't know.
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Tell me.
I can't see that.
I can't see what Tom the soul said.
Tom the soul said, I love my soul.
He said something so funny one time.
He says, you know what my advice to Jews are?
But for the world to start liking you a little bit,
start losing, start losing.
His mentor was Milton Friedman, who is the illustrious guy.
Yeah, Milton Friedman, I'm opinioning
of my house with Milton Friedman in it.
I love him.
I got to spend a lunch.
I got a lunch with him like 20 times
because I was the editor of a paper
when he was there at Stanford.
How was nice?
He was amazing.
He always had, he's always interested in the new ideas
and he's really shaped a lot of my thinking.
I'm like, oh my God, I'm like, it's amazing man.
Milton Friedman, you spent 20 times with Milton?
Yeah, his wife was off in there too.
They were in their early 90s when I was at Stanford
and he was a hoover, yeah.
You know how hard I've tried to do an interview
with Thomas Solder family?
I know.
It's still hard.
He's such a great man.
I mean, listen, him, the two of them, the debates,
when you would watch them do the debates,
what's the one book he wrote?
Is it called Reader?
Things called Reader?
I don't know what the,
can you tap and Thomas Solder Reader?
I just had my son finish this book two years ago.
Is it called Reader?
He had a conflict of visions that I love.
Click on that one right?
It's between you.
Yeah, Reader, oh my God.
It is like a must read.
My son read this at 11, 12 years old
and he breaks down ideas in the simplest way.
You know this guy would be so much more famous
if he wasn't black because he's black,
the left doesn't want anyone to know that he's conservative.
Well, here's what's funny though.
Conservatives today are now talking about him enough.
I think conservatives need to remind with Thomas Solder,
but go back to that with Iran.
So Iran, right now at any point,
you and I are talking right now at any point,
anything could happen.
It was supposed to be this weekend.
I think there's a negotiation on Thursday
as my understanding.
I don't know.
I shouldn't be saying it.
They said they're not gonna do anything.
I thought Whitcuff and Kushner Walk that said,
no, we're not renegotiating.
Rob, do you have that one clip I sent you
from the foreign minister where he's been,
did you see this one a few hours ago?
I don't know.
The foreign minister's been interviewed
and he's asked about, hey, I noticed you said
that there are 40,000 Americans that are in
or surrounding areas of Iran and if US attacks,
that's open game for you.
I sent it in the Pivoty podcast group.
If you don't have it, Rob, I'll just send it to you.
You see it?
It's right there, bottom clip, right there, yeah.
And she says, are you saying you would do something
to the Americans and you should see his answer.
Go ahead, Rob.
1000 American personnel in the Middle East right now.
In Iran's letter to the UN Security Council,
you've seen to threaten them
because you said America will bear full responsibility.
You said you don't want war,
but if that's what happens,
all bases, facilities and assets of the hostile force
in the region will be legitimate targets.
Are you saying Iran will hit US bases in the Gulf
or will you also bomb the Gulf countries
that are your neighbors?
Well, I'm not going to say what we are going to do exactly.
Obviously, we defend ourselves.
If the US attack us, then we have every right
to defend ourselves.
If the US attacks us, that is the act of aggression.
What we do in response is the act of self defense.
So and it is justifiable and legitimate.
So our missiles cannot hit the American soil.
So obviously, we have to do something else.
If you have to hit, you know the American base.
You say in the region.
That is a fact.
All right.
I'm not sorry. What do you think is going to happen?
Listen, I think these guys sent someone
to assassinate Donald Trump.
We know this with a better regime kind of them.
They're told if they missed,
that he'd probably lose the election.
So wait and try to get him again after he lost the election.
This was the official instructions we found.
These were the, these guys were trying to kill Trump.
It means that if they're still around
after Trump's president,
they'll probably try to get him and his kids again.
So if I was the president,
there's no chance they'd be around after his president.
That's all I tell you.
I mean, and by the way,
I think it's very good for the world to eliminate this evil
for your people and for all of our peoples.
Yeah, a lot of people are worried
it could turn into another Iraq
and we spend a few trillion dollars.
But is I around really Iraq?
I don't think so, but a lot of people think
it could turn into something like that.
You know, you're here to two arguments.
I think they're going to do a surgical mission
the way they did Venezuela.
And it's going to be clean.
And here's what's going to happen.
And then the other side is like,
how do we know that for a fact?
So if I was in charge,
I'd be very Roman about it.
So, and I don't know, maybe this is not appropriate,
but I'd be very Roman.
So you know, the Romans would do, you'd go
and you wipe out the leadership class that you're all dead.
And you say, okay, you guys are now in charge.
We're going to make a deal
or we're going to kill all of you too.
It's up to you.
Because they don't have the IRGC,
which is in charge again, probably, right?
Because there's a guy, so they guns.
And say, okay, now here's what we're going to do.
We're going to make a deal.
Here's what's going to happen.
Here's what your public's going to work
to be free people.
And if you don't do that,
then we'll kill you all in six months, too.
And we'll give you another chance.
But I don't think we should be occupying.
Our sauce as bullshit.
I think Iraq was terribly run.
I think trying to go and have people
over there as ridiculous.
But should these guys who have acted like they've had
who spread terrorism around the region,
who have tried to kill Trump,
who have killed so many people,
should they be allowed to get away with that?
No way.
I wouldn't let him be a good way.
I'll tell you that.
How much do you think the attacks
going to be a collaboration with Israel?
Or things going to be?
Israel has really good intelligence there.
Very region.
And so obviously, if you're doing something,
you need to work with your allies
to do as good as possible.
The same thing is like, we were talking earlier
about are you going to use balance here to do an operation?
You're going to use whatever you can
to do it as best as possible.
And I think in this case, that involves our,
Israel has probably evolved all of our allies, too, hopefully.
Is Israel a customer Palantir?
Yes, actually, we started working with Israel.
It was one of my most problem moments,
because they're kind of like the NSA,
where they don't really want to work with outsiders
and they don't really buy for anyone else.
And it took us several years to break in,
but we did break in to work with them.
While you were there, or it was something that happened,
it was something that I was working on,
even as an advisor, like shortly after.
I got it.
Is it recent like five, 10 years?
No, no, it's been a while.
It's been a while.
So they've been a customer for a while.
There's over 40 countries, as far as I know,
who are allies who work with Palantir.
Israel is not one of the first several,
but it is the key countries originally were the five eyes,
which is the core five allies,
which is Canada, UK and New Zealand, Australia.
Yeah, I saw somewhere where you,
is there a structure where,
if there is a, who can't you work with?
Is it based on the sanction?
Well, well, well, I mean, first of all,
the company was a mission driven,
is a mission driven company,
would never have wanted to work with, with,
or enemies, we're not going to work with them all,
we're not going to work with Russia,
we're not going to work with North Korea,
we're not going to China.
But not because of regulation, it's a choice.
I mean, at this point, it's definitely regulation against it too.
I think early on, if we had tried to go work with those guys,
maybe we somehow could have,
because the government wouldn't have noticed,
but that would not have been ever something we wanted to do,
because we had a mission driven company
to fight for the good guys in the West.
But meaning, even if you tried to go these days,
you tried to, because of what it does in the Department of War,
of course, it wouldn't be allowed to.
And by the way, I'm not even allowed to go to China anymore right now.
You're not allowed to go to China?
No, I mean, I've had friends who are running other defense companies
to their planes going for, in one case to Taiwan,
and they made the force to plan through their emergency landing
in China and searched all of the stuff.
And I know that I'm going to go,
because these Americans say it's the thing I want to,
but they actually did emergency landing,
searched all of the stuff,
because he's a key defense executive,
and then along on Taiwan.
So I'm not supposed to go there at all,
nor are a lot of other people who've worked in these areas.
I've started a few big defense companies now.
You're not supposed to do it.
Yeah, that made that makes sense for somebody like you
to go there.
It would be...
I wouldn't want to go there.
I mean, by the way, I used to love to go to Shanghai.
It's a great experience.
You're facing a fascinating part of the world,
but not right now.
Not right now.
Oh, nine, you left.
Why did you leave?
Well, well, I was still a state as an advisor
by Finnish investing,
and I was starting out of par,
and out of par is a very large company
in the wealth management area.
So I was actually going to start a third division.
I'd started the government side.
I helped them get going on the early commercial side,
and that's, you know, the company is now about,
I think, 60% commercial basically,
working with Fortune 500 and other companies
around the world.
I was thinking of starting a third division,
decide to build it separately as out of par.
How to par?
Yeah.
And so out of par, it takes the portfolio.
It gives you a score.
It assesses...
Well, the out of par is a software
that you kind of work and live in
if you're a wealth advisor.
If you're running a big...
If you're on a bike,
so advisors are using it.
Yeah, so there's hundreds of thousands of advisors
on it serving you's number of clients.
There's $10 trillion dollars on it.
So if you're like a running a big bank
with the top wealth management arm,
or if you're like a big area,
like iconic on the West Coast.
Yeah, it would be,
would they, who else would be a customer?
Like, Korean or omnir,
all the big RAs,
there's always big family offices out here.
The biggest family office in the country.
These is what we're RAs.
Mostly RAs, but there's,
but there's tens of thousands of RAs in our country.
It's a big, it's a very big industry.
Got it.
And so as the advisor,
I'm seeing this as a database tracking my clients,
is it also looking at their portfolio?
Is it given any advice?
Yeah, no, it's helping you run your whole business,
everything, it's doing everything.
It's all your reporting, all your tax stuff,
all your, everyone logs into it
and do anything.
It's like, it's like the place you live
when you're in your job.
I had Anthony Pompliano on the other day.
I don't know if you know who he is.
Pompliano, great with his show, big bit coin guy.
Yeah.
Very smart, him and his brother,
the whole family, all the boys.
And, you know, he's saying,
advisors will be replaced very soon.
Do you agree with that?
I think a very high end, actually,
the relationship really matters to people.
So I think there's ways you can do things
without people in some of these areas, for some people.
But I think like the contours of the industry
and of our humanities that we want to talk to people,
you want to work through things,
you want to have some new trust.
Yeah, I do.
Like, I like talking to my golden guy.
I like talking to the Morgan guy.
I like talking to chase guys and JP Morgan guys.
Yeah, but we can help those guys serve you cheaper
than they do now.
We can help them serve more people more easily.
But I think the relationship's going to be there.
This is where everyone gets things wrong on AI, by the way,
because AI does allow things to work in different ways.
But it's like, I saw a great essay online
where we're talking about a French garden
is where you just like destroy everything.
It is build a new garden, however you want it.
Where's an English garden,
takes the land as it already is, right, and molds to it.
I think Will and I just wrote about this.
And I think that's more what tends to happen in industry,
is you take the world as it already is,
and you shift things and improve things and make things.
But you work with it as it is.
It's not just going to come in and blow everything out.
That's not usually what happens.
Yeah, that's a fear that that could take place.
Do you think there is a place for regulation to prevent
from a bad player getting in?
Do you think regulation is needed for what area?
For what area?
I'm just wondering if there's a place
on what limits of a product I produce.
Well, I think we want to have,
so we already do have a lot of regulation
in our world right now, right?
So for example, in healthcare,
there's like hundreds of thousands of rules.
And if anything, the hundreds of thousands of rules,
some of them make sense.
Some of them are actually only there
to protect the existing people to keep prices high.
So for example, in healthcare,
I think we need new rules that let you try new things,
let you have sandboxes because we could bring
the cost of healthcare way down.
Like this is existential.
We have $100 trillion of debt in this space.
And I'm really excited, for example, here in Florida
and a couple other states right now,
we're doing studies with the legislature
to try to prepare laws for next year
that will allow us very safely to try some use cases
that we think are safe that doctors want to try.
And things like that, if anything,
we need new policy to allow us to try it
because that would be great to bring the cost down.
Yeah, I think the part with the one part
that you could reduce a lot of costs is trademarks.
How they're able to extend trademarks.
So I'm able to protect myself with a patent.
I get a patent for 20 years.
And then the patent is about to expire.
The whatever I'm selling could be worth 20 cents,
$2, $5, $10 a sell.
I'm still selling it for $5,000.
And then I go get a lobbyist.
I extend the patent for another 18 years.
Then it goes 38 years.
That's the case.
Especially with hospitals as well.
I think Trump was trying to do something,
you know, a few years ago with the hospital,
how much the cost was and the bottom on it.
My draws are doing a really good job.
I now try to bring down costs to the care of Medicaid.
There's a lot of smart things we got.
It'll be interesting what happens.
So, oh, nine, when you leave Palantin, you're an advisor.
Are you at this, are you married at that time?
Oh, you're saying no, no, I got married in 2016.
2016, okay.
So you're a rich young bachelor at this time.
Is that fair to say?
Fair to say.
Okay, so how did you protect yourself?
Because, well, actually, I made a pretty dumb mistake
if you read about it.
I had a girlfriend who ended up
suing me after I broke out with her and didn't marry her
in 2020 to look 12, 2013.
So you're right.
You got to protect yourself.
How do you do with her?
Because, you know, I think looking back on it,
I was working really, really hard.
And I had been a very nice relationship that didn't work out.
And then I had a kind of a rebound relationship with,
I don't want to talk too much about this person in particular.
But it was something where this plan
on someone I should have been dating.
And, you know, I'd met in New York
and she was at Stanford, she was 21, I was 28.
And it turns out you just got to be really careful
like who you let into your life
and how seriously you take relationships
because if you're not careful,
then it can cause a lot of trouble.
And that's a good lesson for her.
How did you protect yourself?
I mean, I think how you protect yourself
is you should listen more to your family.
I think it's on my family.
I didn't think there were some issues with them.
And I was like, oh, no, she's really pretty.
And I'm busy and who cares.
And it's like, actually, it really matters
to protect yourself and up.
It's common sense who you let into your life.
I was very lucky that by the time, actually,
I'd broken up a little bit a couple years
of my time, they tried to see.
I already had a new, amazing girlfriend
who was really wonderful.
I ended up becoming my wife
and it's someone that my family really admired her
and her family and respected her a lot.
And that's, I think it's just really important
to have to focus on getting a partner.
You really respect who's the right match for you.
You know, he's in the six kids.
We have six beautiful young children.
I'm very lucky guy.
Five little girls, which is such as all this.
Yeah.
Well, you got the money for it.
It's going to be expensive.
Well, you don't want to ask that question
because Trevor Bauer, I don't know if you follow baseball.
He's a good friend.
And he was playing baseball
and he was doing great things.
Saiyong, all this stuff.
And then a girl accuses him
just for the accusation.
It puts you in your life.
He lost a few hundred million dollars over it.
Probably cost me a little bit too
for about a year.
A lot of people didn't,
I became controversial,
became harder for about a year.
I mean, obviously, I'm lucky.
I was successful enough.
I get bounced back and get through it.
But it's totally unfair to guy like that.
I don't have to deal with that.
And this is, yeah, I think there was a period
where you were basically guilty
as soon as you were accused.
I think a lot of people now have seen enough people
for that's been happened unfairly.
The hopefully our culture's changing a little bit
but it's still very unfair out of the analysis.
How do you, when you're rich and single,
identify if a girl is with you for you
or for you because of money?
How do you do that?
And I want to push back, by the way, on one thing.
I think it's unfair how things work now.
I think it was probably even more unfair
how things worked in the 1930s, 40s, 50s, 60s.
And I think we have to acknowledge that
because obviously I'm not a woke guy
but I think the world was in a place
where a lot of men, it was a man's world
and a lot of men for really nasty, abused women,
horrible things and just got away with it.
And I think that is wrong, right?
So I think, so I think we have to realize
that the pendulum was here
and now it's like swung too far the other way.
But you know what, I'd rather face
a little bit of a tough time as a rich guy
than have all these women being abused.
So it's still wrong, it should be in the middle.
But I think it's actually like,
it's good that we're actually,
we're actually protecting this weekend.
My wife and I were celebrating her birthday.
So we go to Baharber.
And you know, Baharber, I couldn't walk anywhere
without somebody saying hello to me was Jewish.
It's like filled with juice everywhere in that area.
And so we decide one night, we're on Game of Thrones
just to kind of tell you where we're at,
two episodes after the red wedding,
whatever they call us.
That's kind of what we are, right?
We haven't seen anything else.
And then my wife, she says, babe, thank God,
I'm a woman born today because how different
it was back in the days.
So it was difficult, it was vicious, it was a whole,
it was crazy, we're gonna tell you a funny story about that.
So I mentioned, it was in Freeman,
and I used to hang out with his colleague,
who was older than him, was Dr. Bikeman.
He was 96 when I was at Stanford.
And he had been a reporter in the White House in the late 1930s.
So he was like a window for me
into like, it's like completely different time, right?
That's like 60, 60, 60, 20 years.
65 years ago from when I met him in the White House.
And I thought the funniest, he's always stories.
So he wouldn't have to be our White House.
It'd be spring break, and they'd all go on the train.
And it'd be journalists, it'd be senators
from both parties, and it'd be the guys in the White House.
And the first two stops of the train,
all the girlfriends and escorts would get on.
And they'd all go together.
And these people would be attacking each other
like crazy with the journalists
for the business of government.
But they'd both be with their girlfriend.
They would drive everywhere else, getting in trouble.
And never would say anything about that.
Isn't that crazy?
Which is totally different.
It was real.
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It was a man's world.
It was just a different world.
And I'm not saying that's good.
It's just fascinating how much the world has shifted.
You never imagine that.
Yeah.
Do you believe it?
I believe it.
I believe that exact.
Oh, definitely, definitely.
You read about it.
You see about it, it's a very different world.
But go back to it, advice.
Think about it.
I read Steven Schwartzman's book
and he's talking about how what it takes.
He says he was going through a divorce.
He was worried about what to do.
He had been married for 25 years.
He says I get recommended to go see this one guy
who's a very successful therapist, a marriage counselor.
And I said, I have four concerns.
How do I at my age get back into the dating world?
Number two, what happens with my kids?
Number three, what happens with my money?
Number four, what happens with my friends?
Do they choose her or me?
The guy gave him very good advice.
That's tough.
He said your kids are going to be okay.
You're going to be fine.
There's plenty of girls that are going to want to be with you.
Number three, do you have a prenup with your wife?
He says, no, he says you're going to lose some money.
And then number four, he says about friends.
He says you're going to lose half your friends
because they're going to side with her.
Well, I'm talking like for guy like you
who made money is wealthy, is single, looking for a wife.
How do you tell them apart?
You know, you meet people through friends,
you meet people through people you admire.
And they think there's a lot of wonderful families
and a lot of wonderful young women out there.
And I think it's the most important to be with someone
who you really respect
and where you have a shared strong base of values.
And my wife couldn't, my wife converted to today's M&W.
We have just a really strong base of tradition
in our family that we're building together.
And we talk a lot about values and what we care about.
And she's someone who, you know,
I think if you have a really great wife,
she makes you want to be a better person.
So it's a live up to her vision of things.
It's for you guys, good for you respect.
So going through somebody you know and trusted,
again, going back to the same way you recruited people.
I mean, I got really lucky.
I'm not sure I could find my son like my wife again.
Sometimes he's got to go lucky.
Are you going to hit double digits?
That's the question.
Are you guys going to reach double digits?
Or is it six is it?
I think six kids might be it, but we'll see.
We'll see what we get here.
I was telling you about a guy met yesterday who has 11 kids
with his wife is 46.
No twins, no adopting all theirs.
And they hit 11 kids.
I think it was more shake.
If I'm not mistaken, Orthodox things there.
So you left on nine and you went and did other things.
The company you started, we're talking about that.
And then afterwards, you know, you guys,
when did you start 8VC?
When did you start making?
They started them.
So, so, so because Palantir had all this really top talent
when people come out, similar to PayPal,
they're starting great companies.
I was mentoring and helping them.
So a lot of my mentors like Joe,
you're basically already running a fund,
but you need more money and more people helping you.
So I put that together.
The first one was called Formation 8.
We did two big funds and then we started
if you see with most of that team that spun out
and we're on EVC Fund 6 now.
So we've done eight really large funds,
a bunch of entities around it.
And it's been the last couple of years.
I mean, it's gone really, really well.
Obviously it raised a ton of funds,
but the last couple of years,
things have just accelerated faster
and you've ever seen before.
Because AI is just making productivity go up.
It's making a lot of businesses grow way faster
we've ever seen.
I think it's about four times faster on average
for the median top 100 versus the median cloud company.
So I was in before.
So it's just amazing what's going on.
You think VCs have been a net positive for capitalism?
Or of course.
Okay, tell me why.
So here's what VC is like the evolutionary engine
of our economy, right?
So whenever you have new technology come along,
whenever you have new possibilities come along,
the question is how are you going to take
those new possibilities and do a better job
in your business?
How are you going to do a better job
in this area of logistics and this area of healthcare
and this area of finance, right?
Media, whatever it is.
And so what VC really is is taking a bunch of smart builders
who have new ideas and it's figuring out
how do you empower these smart people
to run really hard at creating value
in these areas from the new possibilities.
And so there's really two things of VC.
One is the top talent.
And two is like what's really possible to create value.
So how do you do it?
How do you find it?
So first of all, you have to be interested in industries.
You have to be interested in how things work.
How does logistics work?
How are these carriers working with the warehouses,
working with other people?
How are they getting bucked?
What is it brokerage work?
Like what are all the pieces of the industry?
How is healthcare delivery working in America
where all the pieces and you have to,
and as you start to work on companies helping them,
you get to know the leaders.
And so over the last 15 years,
like we'll bring, you know,
hundred of the top logistics leaders,
like, you know, to our vineyard in Appa Valley.
We'll hang out with them.
We'll see what's going on.
We'll hang out with the people who build
all the hospital systems and we're using our things there.
Well, you know, I'm depending on tomorrow morning
as far as I'm going up to DC to spend a lot of time
with the guys building around things in the fence.
And so you have to be very interested
in enjoy these industries, get to know them.
And every time you have a success,
every time your company helps an industry work better,
now you've built a bunch of trusts,
now you know who the good guys are.
Now the next one, two, three, four, five are going to be easier.
So you have these big VC firms
that have had a bunch of these wins.
And the networks get stronger and stronger.
You can learn how to take town,
learn how to build these things.
And it's a huge engine of innovation.
As a fact, America is the best in the world at this.
And I think it's one of the coolest sectors
that exists in the world.
What's the business model?
The business model is teaming up with somebody else
and raising a billion out of fun.
And you go find the companies
and then you take the 20% of the upside
and then you split some of the money
and put your own money in it.
Give me the business model.
So here's the,
I think here's the right way to think about it,
especially for our generation.
I've got people R.H. is like,
you go off and you build a great company
and you work really hard.
And I get pal to work and get out of part of work.
So now I'm one of the maybe 100 guys in our country
who's built a couple of big accessible companies.
And now I know all these other builders
and I know how to build things I've learned.
So now these young guys come to me and they want advice.
So I start advising them and I realize,
wait a second, I know all this talent.
I have always ideas and then I raise the fund.
And then I raise the fund.
Cause now I have the credibility because I've built things.
I know how to mentor, I know how to coach these guys
cause I've done it myself.
And I bring people around me
who help build these companies as well.
So I have 70 people on the team
who are the top designers, top tech people, you know,
ways to manage it.
Then you raise the money and you charge.
You charge, it's an illiquid vehicle.
Which means people lock up their money
for effectively 12 years usually.
Is how it works?
Well, it's 10, it's 10 with like three extensions.
And so these funds usually last 12 to 15 years.
Just cause they do.
Cause it takes a while for things to go public.
And so you can lock, people give you the money
and you get some fee on the money to pay the team.
And then and you invest and you invest it.
And most of the money goes into the ground.
The first kind of like, you first, first you write,
it's like you call it a series A or a series
where you lead round, you take a big piece of the company
and then you'll follow along with more money
in the future rounds alongside other friends.
So a big part of your job is to help them recruit talents.
A big part of your job is to help them
have other people put money in after you, right?
And it's because I know all the other people
know when I'm down here in Miami,
there's a bunch of big fund managers
be working together.
And and and you're helping them learn how to
build a team, you're helping them learn how to work
with the industry, helping them learn how to raise the money.
And and then when you have, you know,
sometimes you sell the company to someone else,
sometimes you take a public.
And so so so it's a business model
of kind of helping people create these things,
helping them succeed.
How do you find winners?
How do you find winners?
How much of it is?
Well, you want to boundary with the entrepreneur.
And you know, there's no single right answer.
Some people are like, it's about the markets.
Some people are like, it's about the entrepreneur.
So some people is about the technology culture
and tech talent.
Some people are just like, oh, it's just art.
And I just know, you know, there's a lot of ways
of doing it.
For me, it's a, it's a combination like you have for,
we spent a lot of time on technology culture.
I want to accompany, it's recruiting the very,
very best, just like with the sports team,
the very best athletes in the world,
the best technologist and what I want to place
for the best guys, I want to go there
because they've heard someone else is there who's amazing.
And then I want an area that we believe is a market
that has new possibilities that there is a gap.
There should be a strategy.
And usually what I really care about is there's a mission.
I really want there to be a mission that matters.
Like I'm going to put up most of my money into things
where there's great team, the gap.
And I, and it's, because with you, the mission does,
the mission brings in the really best people.
The mission makes best people want to work harder on it.
And it makes it something that can be a lot bigger.
So Palantir was a, was a really big mission out of parts,
a big mission at finance.
A lot of my new defense companies were trying to help US,
you know, scale our shipbuilding with Seronic.
We're trying to, to help fix areas of healthcare,
trying to save kids with rare diseases.
I think these missions really attract great talent.
So mission, the big of the mission.
And what, what process of filtering?
I remember when I raised my first round, you know,
and I sold my insurance company,
they came in, they did an extensive background check,
you know, they did all this stuff on me.
How do you, how do you find out?
Florida, we got to do longer background check.
You do, right?
Yeah, you do them for, that's right.
That's a good point.
And it looks like Palantir's moving forward anyway.
Yeah, of course you're not involved.
Yeah, they're moving down here.
But what, what do you do?
Are you doing background checks or are you?
That's one of the, that's one of the steps in the process.
This is not the most important one,
but it's just good to, what's the most important one?
The most important one is to know who the founders are
and to, and to, and to have them be people you can verify
somehow on your network are just, are from the network.
From the, you have a little bit of credibility,
a little bit of background.
I have to, this is my, my advantage is that I'm tied
to hundreds of these like top tech networks now,
from things I've built, things I've invested in.
Right.
We have to use, and we have to use that network.
So it's not that, it's not that there's not some
in the middle of nowhere who could be great,
but if you're in the middle of nowhere
and you are really great, your job is to,
is to find, get to know other people and press
their leg.
What red flags do you have?
There's so many red flags for us.
It's just because we, we have a very particular thing
where we're, we're not investing in small businesses.
We're investing in things that can get to be really,
really big and change industries.
And so one red flag is being too obsessed with patents.
Usually people think patents matter a lot.
For most of these things, it's more about the team
and the execution.
It's not, I have 20 patents, it doesn't really matter.
So if you talk too much about that,
it shows you're not thinking about the thing that's valuable,
which is the execution.
It's a red flag, the person's not full time.
People are always trying to do things part time
that's never ends up being the giant company.
So you need people who are 100% all in full time.
It's a red flag if they don't plan on doing this
for a long time.
It needs to be their obsession in their life.
It's a red flag if they talk a lot about work life balance
because work life balance is great for some things,
but this is like winning a gold in the Olympics.
You think the Olympic gold medalist had a good balance
that we're all in?
Yeah, we're all in.
Those are types.
It's a big red flag is another one that's interesting.
If the top first five or 10 people
don't own a good piece of the company.
So if you're keeping it all for one founder
and he's paying and giving very, very, very
a little bit of upside for five or 10 people,
that's a wrong culture.
And it's probably not the very best people
because the very best people in our industry
they want to own a piece of something they're doing.
Right.
So give me the opposite of red flags.
You know, it's like, is there people we know
or some mission is one?
Mission superstar talent is really key.
You know, early poll from the industry,
top guys from the industry who want to be advisors
who are eager to help.
You know, it's, but it's usually all to come
because that's the people in one of our network
thinks of them.
What's the biggest success story you've had?
Best story so far?
There's a lot of stuff.
We backed Andrew LaRollion,
it's a top defense, new defense company.
We backed a company called Quince at the beginning
and it's now, you know, 10 billion valuations
probably going to double next year.
Cognition in the back to early on,
you know, it's worth 15 billion.
It's like bunch of these top guys.
Just, you know, seronics like just raising a big round
is building hundreds of ships for the US Navy.
It's doing really well.
We help start that actually.
This is rich.
That's your stuff.
Your niche is national defense security.
That's AI health care logistics too.
We've done some big sale of things.
We sold them logistics that have worked out.
I love just fixing things that are broken, man.
And making them work better.
Do you, do you feel the criticism open AI is getting right?
Now, Chad, you bet he's getting right now, sphere.
Which, which part of that?
You know, revenue, you know, the conversation about,
you know, they may start adding ads in there,
even though he said that.
I thought that was funny.
I thought that was a funny attack.
Yeah, I thought picked it on.
Yeah, making fun of them for that.
Listen, I saw that.
And I thought it was very creative
on some of the same thing.
Listen, I saw my little friends with Elon
and I'm longest his company.
So now I have to emerge that I got a bunch of SpaceX
I already did before too.
I'm also a small investor in an Anthropic,
which is just an extraordinary technology.
And there's people who are attacking them
for various things.
But I just, Anthropic has pulled away
ahead in the coding area.
And it's just 25 now.
I don't know what the, it's 380 posts.
But that's, I think that's even cheap for where they're going
because they're just growing so fast.
And like all of our companies are using this.
And it's, it's really fun.
Like a lot of my smartest friends who are already
extremely well think,
do anything they want or staying up coding right now
because it's so fun what you could do with these tools.
This is crazy time right now.
Are you more long with Anthropic than OpenAI?
Yeah, I'm most long, SpaceX,
the next AI, I'm second most long Anthropic.
OpenAI, I do think it could possibly have some struggles here.
But I don't know, there's obviously,
it's amazing what they accomplished.
And they really kind of brought a lot of this to the world.
So they get to deserve a lot of credit for that.
I think Elon, along with Sam both deserve credit
for building that team really on.
No question.
Yeah, he was had enough profit over and then he turned it
to profit and then that's where the few took place
between the two of them.
It's unfortunate.
I think these, I think these like these feuds
are not productive for our society,
but I understand I worry Elon's coming from
and I hope they make it, you know,
I hope they make it work for everyone.
I get his argument.
I totally get a Elon's argument.
Who else are you along with?
Who else is it that, you know,
I had a call with my bankress,
I listen, send me the top 10 nuclear companies out there
that are finding ways to tap into the nuclear energy.
And then I said, okay,
look, that's some of the made a decision.
We had a call with their, and then I said,
let's look into these three companies, which we did.
And it's done fairly well.
But for you, you're in this world.
What else are you saying?
Yeah, no friends.
Our friends at Founders find to have a company
with a really talented guy,
building nuclear fuel as well and making sure
you have that in America.
It's really important to do
and we're looking into that space.
It's, you know, it's interesting
because Elon says all you need is solar energy,
which is true of the extreme.
But I think we did kind of screw up the regulation
on the nuclear space and that would be,
I love the fact that a part of war is trying
to do more of that now.
So I think that's a good thing to be doing.
You know, the areas that I most bullish on.
So in America right now, we have $5 trillion of wages
and our services economy.
That's like every type of service.
And at about 40% of that,
and at over $2 trillion area,
we've already seen you could double
or triple the productivity,
at least double if not triple the productivity.
So this is,
this is in companies that we're exposed to.
And it's like the back end of a law firm
helping it.
It's like the back end of logistics payments.
It's like healthcare building.
Healthcare building sounds small and boring.
It's 280 billion a year.
It spends on healthcare building.
280 billion.
120 of that's paid to companies.
160 of that's internal health systems.
It's a massive part of the economy.
We already are tripling the efficiency of that.
So what that means is a lot of this stuff.
It's very disinflationary.
It's creating a ton of value.
And the things are just scaling.
Like my best healthcare building company
with a bunch of expalentiary guys,
it's gonna double from like, you know,
double to over a hundred million revenue this year.
But that's still tiny compared to where it's going, right?
And as that grows,
it's making the whole economy more efficient.
So this is why venture capital
is this engine that's like taking these possibilities
and fixing stuff to make it cheaper for all of us.
So it's a really positive thing.
Why 11.8 million in a Nigerian drone company?
Okay, no, you know, there's, listen,
this, the guy running it, first of all,
Physics Olympian, it's co-founder building our business.
These are super talented,
they're super talented young men there.
As you probably saw,
there's a lot of people being slaughtered in Africa,
especially a lot of Christians in Nigeria
being killed for the wrong reasons.
A security all over Africa is a huge deal.
One of the main reasons you can't build infrastructure
in a Western Africa right now
is there's a problem with security everywhere there.
And, you know, I happen to know a lot about the defense space.
I've started multiple companies here.
We feel like these guys were really talented
and they could, they could scale a lot of production
of doing real controlled cars,
century towers, drones.
And we thought that some of our US technology
is welcome partner with them and help them
and help them secure Africa.
Even if we get rid of the Iranian guys,
even if we like make the Middle East somehow
of peace, which I hope we do.
Which by the way, they're good at making drones.
They're so good.
All guys, Russia, you saw he drones are very good.
We have to get really good.
We're really going to shoot them down now.
I'm working on it.
But, but, but basically even if that's all peaceful,
Africa's probably going to be a mess for quite a while.
I think helping the good guys there is a good thing to do.
Why is it so difficult for drone companies
to excel in America?
The regulation here is just intense.
Well, so to build the engines behind these things,
you need certain rare earth elements
and you need certain refining, which is very messy.
And we just don't have the capacity in the US for that.
So in Ukraine, unfortunately, right now,
a lot of the supply chains coming through China
for both sides, which is unfortunate.
A lot of the supply chain is coming from both sides
through China.
There's a lot of rare earth refining
and elements and engines and things they're built out.
They're using, so even like, you know,
air-eximate famously is building, I think,
hundreds of thousands of drones to help the Ukrainians.
I think it's a very cool thing he's doing there
and he built in in Mexico,
but I think a lot of even that potentially
would be coming, some things are from China.
So there's just a lot.
And so we're trying to ramp up.
And it is the regulation.
It's partial regulation.
It's actually interesting.
If you ask Peter T.
all my friends there is like the regulatory stuff,
kill these industries.
If you talk to Elon, who's there and I was talking about this,
he's like, no, we just need more founders.
We're willing to build these things in America.
And I think he's probably right
that as we try to build these things here,
you could probably convince them to change regulations
and make it possible,
because we do want to be possible now.
So I think we're trying to do it now.
We're trying to fix it.
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Yeah, and you think GreenLint is one of the reasons
that it plays such a big role in this?
You know, I think GreenLint is a place
where if there's ever gonna be an attack on America
from the other side of the planet,
it has to rush through China,
whatever, a lot of things have to fly over.
GreenLint, so I think for the golden dome,
it's important.
I think there's also a lot of resources there.
I think there's like a certain spirit of expansion.
It's very healthy.
I think you want to be growing and not shrinking.
I think you want to be,
I think you manage, like it's some ways,
it's very simple.
It's like a very complex, but it's very simple.
And the question is, are you shrinking
and getting weaker and under the climate
or are you growing and stronger?
And in America, in its current state,
where it's expanding, manufacturing,
it's like confident, it's expanding the economy,
taking GreenLint and building things for GreenLint.
Like if GreenLint was more part of us,
we could build infrastructure there,
we could have ports that would then enable investment
that couldn't happen otherwise.
It'd be really good for GreenLint.
So I think it actually would be really good
for the world for us to do more in GreenLint.
I don't know where it stands.
Yeah, what do you add with tariffs?
Well, with Supreme Court ruling against it, six, three, you know.
If you looked at the Kavanaugh ruling,
he kind of goes into depth
on how you could have done it legally.
So it's kind of like a playbook
for how you could still do it if you want,
which I think is-
He's giving him a playbook on that.
It was very interesting reading.
It was a very funny six, three ruling,
because I, and by the way, I'm not a legal scholar,
but from best like a tell,
I was like three different rulings.
It was like three here, three here, three here.
And but the six agreed,
like the three left and three moderate
right or wherever you want to call him.
I agree that it's not legal,
but then I think at least the moderate right part
of the ruling is like,
well, here's how it could be legal.
So they probably are ways you could still go back
and do it is my impression.
Yeah.
But right now, the lawsuits, you know,
I mean, being in the rooms and he was like,
look, we don't have to pay the tariffs.
We don't have to agree to do this.
Look what your Supreme Court said to you.
So it's almost like they're undermining Cam
to say you don't have the kind of authority
you thought you had.
You can't do so.
How do you think,
you know, it's unfortunate,
but this is our system of government
as we have three separate co-equal branches.
And it's really annoying when the branches sometimes
check you, but we,
I think it's a good that we have checks on time.
I doesn't mean I agree with the,
the Trumps shouldn't be able to.
Are you part of the Curtis Yarvin camp?
We had him on and I don't know if you know Curtis Yarvin.
I know who he is.
He doesn't, he doesn't like it when guys
like me try to fix things.
He's very cynical.
So whenever we're like,
yeah, my policy group,
we're like fixing things or making things work better.
He's like, oh, you guys are all naive.
Everything's broken.
That's, you know,
he's negative is my view.
He is negative,
but the way he was arguing it on,
you know, he's for,
he's for a monarchy rather than having a democracy
and he thinks it's more effective.
It could get things more done.
You know, he,
just just wait until the monarch
to decide your wife's attractive, man.
I don't know if I,
I don't know if I want to live in her last system.
I think checks on power are very wise.
We're going to go back to the,
the train days.
He's again,
he's going to say,
I want to train in on your wife.
Give it to me, right?
For, listen,
all this money you're making,
you know,
you're one of these guys that's made billions as well yourself.
What is something you, you buy?
Like, are you comic cards, you know,
do you collect cards?
Oh, that's funny.
Comic books,
are you unique cars?
What, what are you doing game of thrones?
Earlier on a game of thrones,
I set up a thing in my yard in California back then
and we had the game of thrones thrown
and we, and we like have the,
the they're outside.
It's fun.
You know, what do I collect?
I mean, I have a couple of planes
but they're for business, really.
Um, I have, you know,
I have a ski house where I host people.
We live within your warehouse people.
Most of my money on the excess money
actually goes to the university.
It goes to my policy work.
It costs about it.
So it costs about a quarter million dollars
to like get a mission driven piece of legislation passed.
It helps a lot of people.
So for example, vocational schools
I care a lot about.
And I think it's really sloppy right now
because if you want us,
if you want to like spend more money
on vocational schools, that's fine.
But if the guy running the vocational school
is not very good,
it's not going to be good results.
So what we, like in Texas,
for example, there's 27 vocational schools in Texas
has it so that you fund the schools
in proportion to the success of the kids.
So the students coming out,
you see their salaries and that determines the funding.
And what that did is a double the salaries coming out.
You took hundreds of thousands of people
who would have had tough lives.
You may know how much, much better lives.
And so getting that law passed another state
takes a few hundred thousand dollars.
For me, that's like really,
that's like, that's a really cool form of philanthropy
where I could take something
make our country more functional.
So I have teams in 23 states.
So I spend a lot of money trying to just like fix stuff
that's broken because that's for me
that's a really fun way to do it.
So that's your game.
That's your fun.
I love, I love thinking about like how do we go in
and like make healthcare cheaper and better here?
How do we make the prison system?
Like right now, like prison guards and prisoners,
it's a mess.
The cultures are broken.
How do you create accountability for the prison guards?
How do you create better results
for rehabilitation when they come out?
These things like this to me is interesting.
Death thinking, right?
Solving problems makes sense.
So you probably have a lot of friends
in New York and California.
Okay, you saw the Exodus.
California lost the trillion during COVID
when folks left.
He got some people back
and he lost another trillion with the wealth taxes.
I moved in COVID.
A bunch of other my friends moved to Austin right now, yeah.
Right.
So is this the worst of it or is California
it's just getting started?
I'll tell you what.
So I've had a problem without California's been run forever
since I've opinions on these things
and don't really want to listen for a long time.
I'm actually pretty optimistic because right now
I have like 70 or 80 acquaintances
in a friends in California who've made a lot of money
and they're like, Joey, you were right.
This is broken.
I want to fight for it
and they're doing all sorts of things to fight for it.
They're looking at building endowments
to oppose the far left unions to help the moderates,
to help pro-growth strategies.
They're looking at things to bring in more talent.
They're looking at things to expose more of the fraud.
They're fighting for a good candidates.
The mayor of San Jose, someone who's a very moderate,
very, very strong mayor, he's probably moderate left,
which is good because it's California,
but he's someone respect from both sides.
A lot of us are backing him.
There's just a lot of good talent in California
saying, wait a second, we got to actually fight for this place.
So I'm a Texan and I'm doing a lot more in Texas,
but I'm proud to see my friends in California
waking up and I really hope they could fight back.
There's a few hundred million dollars a year, Patrick,
that comes from the far left unions,
just for people who work for the state automatically.
They have more some of the funding.
So there's like a few hundred million dollars a year
of corruption and they just like fights,
but if you can get these other guys to step up,
they can do more if a few hundred million dollars a year.
So that's all I hope you do.
Yeah, this is Jerry Manjuring,
which changed the representatives
to now they're going to have control of what, 48 out of 52.
It's going to be on the left.
So I don't know how they're going to be moving that.
That's going to be a lot of work.
Could take a couple of decades.
And it's a lot, it's a lot of work to fight back,
but I think it's a, I think it's a noble thing to do.
If you're going to live in California,
should you have it for the good guys?
If you're going to do it, you have to get them all.
And I live in Texas and I fight for,
I fight for the good guys there too.
Yeah, it's very obvious.
Last thing, very wise, free press, why that investment?
You know, I got to know Barry and we both agreed.
There's a lot of American institutions
that have been conquered by the crazy ideological people
that are really decaying our civilizations.
So our media is broken, our universities are broken,
there's parts of our government that are broken.
But in the only way we really can fix this
is we build a new.
And so she and I actually co-founded the new university together.
At the time when I met her,
she was also co-founded a new media,
or I think I was one of the very first investors there.
And I'm really proud of what she's done.
I think she has millions and millions of people
who are listening to her now.
She had a newsroom that was probably
that a third left, a third independent,
and the third right, which is like the most balanced newsroom
in the country, or that was a free press.
I don't know what she has now at ZBS,
but I assume she's trying to build the same thing as ZBS.
And I think that's really, really impressive
to have a newsroom this balance
because no one else is doing it.
And I think it's worth trying.
So why do you think she's getting so much pushback?
Why do you, she has hate?
Because she's the only one who has both sides in her newsroom.
So people say, wait a second, I thought you were on my side,
but you're saying this left thing.
And then people left, I thought you were on my side
on this, but you're saying this right thing to the top, please.
You're attacking me on both sides.
She's attacking both sides.
But you know what, it's just getting attacked by both sides.
That's probably a pretty good sign
that she's doing something better than most others.
Yeah, no, no question.
And by the way, you got a podcast.
You got a, you got a, you got an American optimist.
Yes, I love that.
Tell me about it.
You know, I know a lot of interesting friends
who are building the future and, you know,
and I know a lot of friends are running the government.
So it's just fun.
I'll sit down with them for a few hours a month
and put it out and people will like it.
And you're the best booker
because you can get ahold of anybody.
All my friends are willing to do it.
So who have you had so far on the show?
No, you're at T.O.
Who else have you, have you had on?
Oh gosh, it's all sorts of people.
It goes from Ashton Kutcher to, you know,
for Senator Tom Conn, a bunch of senators,
a bunch of governors, you know, a bunch of,
a bunch of people who built the biggest companies
in Silicon Valley, during cancer, running AI,
you know, all sorts of Steve's running for governor.
And I saw that.
He's all sorts of characters there, you know,
a lot of my friends.
And recent.
If you're in Bourse, Bill Buehmel,
you have that on the screen.
And now he's, he's building a company.
It's the first AI for excavation.
We're doing a ton of excavators.
He's raised tons of money there.
People got angry at me for having a read on
because he's on the left.
And like meanwhile Russ, of course,
is running the OMB for this administration.
So I tried to out both sides.
You had Alex Byron, you don't know.
I haven't had Alex Carp on.
I had Maria on from Venezuela before.
Oh wow.
It was kind of fun.
Yeah, we had Iran as well on a Zoom.
And now it'll be interesting to see what they do.
But we're going to put the link below to the podcast.
This was a very interesting talk
and to keep you can ask great story.
Appreciate you for making that time to come down.
You're a great work, Patrick.
This is for everybody.
Appreciate you buddy.
Thank you.
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