Trae Stephens

Mentioned in 2 episodes

"Palantir and SpaceX were really the only players that were doing this. Both companies had to sue the government for contracts to go through on the basis of title 10 USC 2377."

Mentioned in 1 episode

"She went off to Meta and then to OpenAI, and we just got her to join us over here at Founders Fund."

Mentioned in 1 episode

"There's all sorts of cool stuff that's happening that Andreessen's doing, that Thrive is doing, that General Catalyst is doing, that Sequoia is doing with their evergreen funds. These are all very cool concepts. It's just not us."

Mentioned in 1 episode

"If you were a crypto infrastructure investor and you didn't invest in Coinbase, you probably lost money."

Mentioned in 1 episode

"If it was any other director, I would have come out of the movie theater and been like, 'That was great, I'm glad that I watched that.' But it was Christopher Nolan, so my expectations were much higher. I don't know that I would watch the Odyssey again ever."

Mentioned in 1 episode

"I was at Palantir very early, and you know, that early era of 2005 to 2015 where Palantir and SpaceX were really the only players doing this. Both companies had to sue the government for contracts to go through on the basis of title 10 USC 2377, a commercial preference authority."

Mentioned in 1 episode

"I liked the first two-thirds of Oppenheimer better than I liked the entirety of the Odyssey. But I liked the Odyssey more than the last third of Oppenheimer. They're both at the bottom of the Christopher Nolan canon, alongside Tenet."

Mentioned in 1 episode

"You can think about the helicopter pilot — whether it's an Apache or whatever — they're like Ender in Ender's Game, and they have this fleet of autonomous vehicles that they can command and control from the cockpit of their own aircraft."

Mentioned in 1 episode

"Raj Shah and Chris Kirchhoff were standing up the Defense Innovation Unit and making that like a relevant contracting pathway."

Mentioned in 1 episode

"We've invested in a company called Substrate that's building a new form of lithography that simplifies the process for the rest of the steps that are involved. It's really important that things like that get pushed down the road so that we can actually pull this off."

Mentioned in 1 episode

"You could have Bridgewater as an example — great performance, but I think it's a really hard place to work for a long period of time. That's sort of the trade-off you're making at some of these funds."

Mentioned in 1 episode

"The other companies that have leading edge processes like TSMC and Samsung have been getting attention from the government to try to get them to build domestic fabs in the United States, but the incentive structure for those is totally wrecked."

Mentioned in 1 episode

"The government has made this big bet on Intel, taking an equity position in the company to try to get them to the point where they can be not only a manufacturer of their own chips but also as a merchant supplier of chips to other people. Their yield rates are still really low."

Mentioned in 1 episode

"We've had autonomous systems in operation like CWIS, which is deployed on naval vessels that shoots down aerial threats fully autonomously. You don't have time to make decisions about incoming missiles or threats to your ship. You just have to shoot it down."