defense spending

2 statements across 2 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Dec 16, 2024 by Reid Hoffman · across every show →

Everything said about defense spending, oldest first

Dec 16, 2024 negative
Prediction Held up
Hoffman: DOGE has zero chance of cutting $2T without defense cuts
“There is next to zero chance that the missions that they have declared will be successful because the only way to get two trillion out of the budget would be to massively reduce the deficit and reduce defense spending.”
Reid Hoffman Dec 16, 2024 ▶ 0:04 Reid Hoffman, LinkedIn & Paypal Founder: Trump Administration, Elon Musk and DOGE | E1239 · 20VC with Harry Stebbings
Mar 23, 2026 neutral
Assertion Contradicted
Steckman: United States accounts for 50% of total global defense spending
“50% of defense spending is in the US and 50% is in the rest of the world.”
Matthew Steckman Mar 23, 2026 ▶ 9:12 99% of Drone Companies Will Die & Why Anduril’s Products Aren’t an Ethics Debate | Matthew Steckman · 20VC with Harry Stebbings
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