The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

clear all ✕

why aren't all 7 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Insight
Luckey: Defense startups cannot build multi-billion dollar scale as subcontractors
“You can't just be a subcontractor to a prime and expect to build A multi-billion dollar company.”
Palmer Luckey Sep 28, 2020 ▶ 4:22 20VC: Anduril Founder, Palmer Luckey: "I Am Here To Build a $50Bn Company", How Palmer Evaluates His Relationship To Money Pre & Post Oculus' $2.3Bn Exit & Why The US DOD Needs To Be More Like China in It's Approach
Insight
Luckey: Government-funded R&D prevents building cutting-edge tech
“If you're reliant on the government paying you to do work, it means you're only ever going to build things that the government and that politicians already believe are possible. And if you do that, you're never going to be able to build the things that are tru…”
Palmer Luckey Sep 28, 2020 ▶ 15:00 20VC: Anduril Founder, Palmer Luckey: "I Am Here To Build a $50Bn Company", How Palmer Evaluates His Relationship To Money Pre & Post Oculus' $2.3Bn Exit & Why The US DOD Needs To Be More Like China in It's Approach
Insight
Palmer Luckey: Believe customers understand problems, not solutions
“Well, yeah, I think that one of our internal mantras is always believe that the customer understands what their problem is. Never believe that the customer understands what the best solution is.”
Palmer Luckey Sep 28, 2020 ▶ 16:27 20VC: Anduril Founder, Palmer Luckey: "I Am Here To Build a $50Bn Company", How Palmer Evaluates His Relationship To Money Pre & Post Oculus' $2.3Bn Exit & Why The US DOD Needs To Be More Like China in It's Approach
Insight
Luckey: Government moves fast on proven tech, slow on R&D
“I guess the point is the government is very bad at funding cutting edge new R&D because you haven't proved that it will work to them yet. And they're not in the business of risking taxpayer money on crazy science fair projects. But if you show up with a real t…”
Palmer Luckey Sep 28, 2020 ▶ 18:55 20VC: Anduril Founder, Palmer Luckey: "I Am Here To Build a $50Bn Company", How Palmer Evaluates His Relationship To Money Pre & Post Oculus' $2.3Bn Exit & Why The US DOD Needs To Be More Like China in It's Approach
Insight
Luckey: DoD mistakenly measures innovation by deal volume instead of deployment
“And I think that that's a big problem with DOD is they, in some of these innovation related programs, they are equating the number of deals that they do with success. When in reality, they need to be measuring how many of these programs go on to be real deploy…”
Palmer Luckey Sep 28, 2020 ▶ 25:41 20VC: Anduril Founder, Palmer Luckey: "I Am Here To Build a $50Bn Company", How Palmer Evaluates His Relationship To Money Pre & Post Oculus' $2.3Bn Exit & Why The US DOD Needs To Be More Like China in It's Approach
Insight
Palmer Luckey: Product Quality Alone Cannot Win Defense Contracts
“You can't just win by having a good product in defense. You have to understand the legal side. You have to understand procurement. You have to understand procurement better than government procurement officers, because most of them aren't even aware of all the…”
Palmer Luckey Sep 28, 2020 ▶ 30:45 20VC: Anduril Founder, Palmer Luckey: "I Am Here To Build a $50Bn Company", How Palmer Evaluates His Relationship To Money Pre & Post Oculus' $2.3Bn Exit & Why The US DOD Needs To Be More Like China in It's Approach
Insight
Luckey: Hired sales reps cannot replicate the impact of a founder showing up
“Even if I have a sales guy who is better than me at selling, he'll never have quite the same impact as the founder of the company showing up. So sometimes you've got to show up because the customer wants the big man to show up.”
Palmer Luckey Sep 28, 2020 ▶ 32:57 20VC: Anduril Founder, Palmer Luckey: "I Am Here To Build a $50Bn Company", How Palmer Evaluates His Relationship To Money Pre & Post Oculus' $2.3Bn Exit & Why The US DOD Needs To Be More Like China in It's Approach
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