The Ledger, every show

“If you go back and you look at the best companies in any portfolio, they were kind of the best companies at every stage. Like they were incredibly awesome at A, they were incredibly awesome at B, they were incredibly awesome at C. Very rarely do you see a comp…”

“Andrew operates at higher margins, much faster growth rates. I think we could be worth Over a hundred billion dollars with a tiny fraction of Lockheed's revenue.”

“If you can actually be a next generation rebooted version of Lockheed Martin or Northrop Grumman, that company could be worth hundreds of billions of dollars.”

“And I think now in 20, 24, looking back on what happened, it's very easy in retrospect to say, Wow. We really let that get out of hand. And now we've got, we have to do a recap. We have to do a down round. We have to do all this crazy structure, but we're doin…”

“There's not gonna be a hundred space X's. There's probably not going to be two space X's”

“In some ways it's like you're starting with the right flyer and then coming back with fully autonomous fighter plans to be built, you know, less than an hour drive. Away from where the Wright brothers were building the first airplane.”

“People will think about us as like a hardware company where we're building all of these big systems, many of which you can probably see in the background of the camera here. But the core of everything that we do is actually software.”

“You know, you see these communities of blue collar industrial workers that have historically been Democrats that have shifted over to being populist Republicans. And it's because they're just ignored.”

“And this, for example, is why Founders Fund was why Peter put us in San Francisco when everyone else was on Sand Hill, because he wanted us to avoid getting caught up in this, like, are they going and meeting all the way down the street with all the other peop…”

“We were the first fund that was talking about being founder friendly”

“At Founder's Fund, we won't do the investment if we don't believe it can return the fund.”

“If you look at any of the big outcomes across our portfolio, whether it's you know, Spotify, Stripe, Airbnb, Palantir, SpaceX, Andrel stem centric. So if you look at all of these big outcomes for us, every single one of them, there was someone on the team bang…”

“And this isn't something that's going to take six months. It's something that's probably going to take closer to three years.”

“All of the authorities that need to exist to buy products from non-traditional companies, they all exist.”

“And so as an investor, when I look at something and I'm like, yeah, this is a vice investment. Maybe it's probably going to make a lot of money because it leads to addiction or loneliness or You know, whatever. I don't want to be involved in that. I don't want…”

“You know, there's a lot of surveys that show that for the first time in modern civilization, you have more women or more men in the most recent generation in Gen Z going to church than women. It's like that has never happened before.”

“We're pulling people from Consumer businesses to build a consumer profile for a defense company, and that's really never been done before.”

“There's a lot of surveys that show that for the first time in modern civilization, more men in the most recent generation in Gen Z going to church than women. It's like that has never happened before.”

“People in D. C. C. S. You know, a real company, not a startup anymore. And I think that that just gives us additional leverage to go and pick up bigger and bigger contracts over time.”

“The more made in America we become, the more made in national prosperity the European nations will become. And I think due to the nature of Europe, that will end up being pretty fragmented. The French government's going to want to Buy from French companies. Th…”

“The first big check that I wrote at Founders Fund was Flexport. And no one was thinking about Supply chain logistics in 2014.”

“Our core vision is we just want to invest in the best founders, building the best companies that are going to be category, category defining. And I think you can do that through a very traditional venture model of, can we get a check into the series A and can …”

“This is probably like, not to put a, you know, a target on your back, Harry, but this is the most naive question that non-defense people ask, because the reality is that we don't decide. The US government decides.”

“So, not only, you know, the secretary, but also his entire senior leadership was here, and so being able to interact with Under Secretary Duffy, Under Secretary Michael General Counsel you know, it was a really cool opportunity, not only for, You know, Andrew'…”

“I am deeply committed to the idea of civil service. And I don't know if it's in five years or 10 years or 15 years, but at some point I want to be back as a public servant working for the good of our nation and our allies and partners.”