The Ledger, every show

“And then when you and then what you can do when you sue somebody is you get discovery and you discover, and you sort of discover what's going on in the sausage making factory that no one's investigated for 22 years. And there's a lot of stuff and we're sort of…”

“If it's like going to be a razor thin close election, then I'm pretty sure Kamala will win because they will cheat. They will fortify it. They will steal the ballots.”

“There was this software program. This was once we moved from intelligence community into the broader military called DSIGs, which was just sort of this in theory was a system we were supposed to figure out ways to integrate the data across all these units in t…”

“Normally the second term does less than the first term, This is going to be the, I think will be the real first term.”

“There was a incredible felt sense among all the top CEOs I know in Silicon Valley that there's all the stuff you can't talk about. There are things they tell me behind closed doors that are very different from what they feel they can say in public. And the gap…”

“My one contrarian view on the election is that it's not going to be close. You know, most presidential elections aren't, and you know, one side just breaks. You know, 20, twenty-sixteen, twenty-twenty, we're super close, but two-thirds of the elections aren't,…”

“You know, I think we're sort of sleepwalking into Armageddon with you know, the Ukraine and the conflict in Gaza are just sort of the warmups to the China-Taiwan war.”

“If you if you if you say we want some guardrails and we won't defend Taiwan, then they'd get invaded right away.”

“No, no talented people started semiconductor companies after 1993 because they all went into, you know, into software.”

“I think the rough numbers are that about a quarter of the US trade deficit is bilaterally with China, but another quarter is indirectly with China. So China is, is sort of half the problem.”

“And then you can get this, at some point, you can get this very, very fast preference cascade, and something like this happened in Silicon Valley in the last few years. It was a buildup that took a few years for people to realize that, you know, Things were ve…”

“TikTok will be banned, 24 hours after the Taiwan invasion.”

“My intuition for, you know, what is going to happen without making any normative judgments at all is it is going to decouple.”

“I keep thinking that AI in 20, 23, 24 is like the internet in 1999. It's really big, it's going to be very important, it's going to transform the world, not, you know, in six months, but in 20 years,”

“Nvidia is making over 100% of the profits. Everybody else is collectively losing money.”

“I suspect we're close to a recession.”

“So I think the bubble will be done once the boomers have exited stage left.”

“I tend to think the bubbles always required the public to be involved in a very big way, and there were these psychosocial phenomena on some level, and this, the public is not really involved because the companies are not going public until extremely late in t…”

“I'm hopeful it's a bit of a generational issue where the anti-nuclear people Are these boomers, these baby boomers who came of age in the seventies and once they lose grip on power in the next decade or so we may be able to have a nuclear renaissance in this c…”

“And so there was sort of an element where if you could get through, you would have no competition. And then, you know, a decade later, we still had no competition.”

“The Nuclear Regulatory Commission basically hasn't approved a new reactor design in, in 50 plus years.”

“At a minimum, you run them, you try to run elections the same way you do it in every other Western democracy. You have one day voting. You have practically no absentee ballots. You have and it's, you know, it's one day where everything happens. It's not this t…”

“If you take the people who graduated from college in 2009, and you fast forward 12 years to 2021, the median person had more student debt 12 years later than they graduated with.”

“There was one of the investors I talked to years later who talked to us in summer of 2000 and said he didn't want to invest in the company because the CEO, Elon was living in a one bedroom condo in Palo Alto at the time, and the CEO was clearly lying to him be…”

“In 2004, 2003, 2004, 2005, when we started Palantir the idea of trying to do a military related software startup. There was nobody who even wanted to give you money as a venture capitalist.”

“It costs, you know, it costs to build a subway in Manhattan. It's like a billion dollars a mile.”

“It's in 2005 it was under Bush 43 that the bankruptcy laws Got rewritten in the U.S. Where you cannot discharge student debt even if you go bankrupt, and if you haven't paid it off by the time you're 65, your Social Security wage checks will be garnished.”

“The customer base was growing at sort of a five to seven percent daily compounding rate. It had hit a 100,000 users in, on February third, 2000, and got to a million by mid-April of 2000.”

“And so we closed on, yeah, we closed on a hundred million on Friday, March 31st, and the following Monday, the bottom fell out of the market.”

“We got to break even in September, 2001. We were the first company in the U.S. To file after nine 11, filed end of September.”

“I think he had, it was like one third of it.”

“The last successful new car company in the U.S. Had been Jeep, which was started in 1941.”

“The student debt was three hundred billion in 2000, It's basically close to two trillion at this point”

“If you signed up, you got 10 dollars. If you referred someone who signed up, you got 10 dollars. So we had a 20 dollar customer acquisition cost.”

“We did dial back the marketing pretty quickly, although there was there was there then emerged this very big fraud problem in rapid succession and so the burn stayed over ten million a month all the way through September, 2000.”

“Yeah, we'd started targeting eBay January, 2000. I'd say it was 30, 35% of the sellers on eBay were using us by April or May, so it was fairly heavily embedded.”