Assertion Partly supported
Luckey: Apple agreed to invest $275 billion in China to stay independent
“Apple's got 95% of their manufacturing in China. They agreed to invest. They've invested hundreds of billions of dollars in manufacturing capacity there. They've agreed to invest a further two hundred and seventy five billion dollars in Chinese manufacturing i…”
Opinion
Luckey: Private prison companies are incentivized to maximize nonviolent recidivism
“Those companies have a strong incentive to lobby for and perpetuate laws that
Incarcerate people for the longest period of time for the least serious crime.
In other words, they don't want murderers and terrorists.
They want nonviolent drug offenders who will …”
Assertion Not checkable as stated
Luckey: The New York Times published a fabricated quote of mine
“The New York times posted a quote for me that I literally never said. And I told them like, Hey, you said that I said this, I never said that. They said, well, it's more or less what you said. We don't think the meeting is different.”
Prediction Open · timeframe Oct 2027
Luckey: The odds of a tactical nuclear weapon being used are high
“And so for that reason, I think this is a little contrarian and not everyone agrees, but I think that the odds of a tactical nuclear weapon are very high. It will not be used on the United States. It will not be used on a NATO ally. It'll probably be a tactica…”
What-if
Luckey: Oculus likely would not have survived without Facebook's billions
“It's a tough business, and I'm not convinced that Oculus would still be around if we hadn't had those resources.”
Prediction Partly held up
Luckey: Bitcoin will reach around $100,000 and then stabilize
“My prediction in 2013 was that Bitcoin will go to about a 100,000 dollars and then stabilize. I'm sticking with it. I think it'll get there. I'm not sure that it in particular has the appropriate utility to reach a higher store of value.”
Insight
Luckey: Government buyers resist efficiency because high budgets preserve their power
“The people who are in charge of purchasing for government, they often don't benefit from saving money or reducing their manpower or any of this.
In many cases, the guy in charge of making the buying decision, his political power and earning power are directly …”
Opinion
Luckey: Obesity won't be solved without zero-effort dietary solutions
“Obesity is not going away unless you let American people eat whatever they want, whenever they want, as much as they want with no lifestyle changes, no exercise, and absolutely no effort on their parts whatsoever.”
Disclosure
Luckey: Anduril sells weapons only as directed by State Dept and DOD
“What it really is, is I will sell to the people that the U S state department and the U S DOD want me to like, if that, that, that, because they have information that I don't, they have intelligence that I do not. And I cannot second guess that and say, oh, yo…”
Insight
Luckey: Employees should worry if a boss claims money doesn't matter
“I actually tell my own employees at onboarding that if you work at a place where your boss is saying that you should be worried because it's one thing to say that to the press. It's one thing to say that in your marketing materials, but you know, if your emplo…”
Assertion Not checkable as stated
Palmer Luckey: Every Oculus employee achieved financial independence
“One of the things I'm most proud of in my whole career is that everyone who worked at Oculus achieved financial independence because we were able to build something incredible.”
Assertion Not checkable as stated
Luckey: Facebook committed billions per year for 10+ years to VR
“They were willing to commit billions of dollars a year for a period of a decade or more.”
Insight
Luckey: Facebook had unique incentives to push VR over Google and Microsoft
“Facebook was one of the very few companies that had a strong incentive to make virtual reality and immersive computing writ large to come about as quickly as possible, because unlike Google, unlike Microsoft, they did not benefit from the status quo in the har…”
What-if
Luckey: Oculus probably wouldn't exist without the iPhone
“I mean, like, honestly, Oculus owes more to the iPhone than anything else. I mean, like, if the iPhone wouldn't have existed, there wouldn't have been broken iPhones for me to buy, unlock, repair, and sell on eBay. Like, cause I made tens of thousands of dolla…”
Disclosure
Luckey prototyped zero-calorie cheese and fried food using mineral oil
“I actually started making prototypes of this, and I was messing around with a frying foods in mineral oil with high flash points because mineral oil also no calories. I made some paraffin based cheese. So it was basically like paraffin wax based fake cheese pr…”
Assertion Contradicted
Luckey: 80% of US defense budget goes to handful of prime contractors
“80% of the U S defense budget goes to just a handful of companies, these big primes that just completely dominate the industry.”
Assertion Supported
Luckey: SpaceX and Palantir were the only defense unicorns in 35 years
“In the last 35 years, there were only two unicorns before Anderil in the defense space and 35 years, not just being chosen arbitrarily. It's basically since the end of the cold war during the cold war, we did turn small defense companies into major players. Bu…”
Disclosure
Luckey: Anduril only covers coach travel for employees, and I fly coach
“I don't fly private and I do fly coach. For me, it's a reasoned thing where we, with exceptions for long term, like long, long international travel, we only cover coach travel for our employees.”
Disclosure
Luckey: Oculus founders maxed out multi-hundred-million earn-out in two years
“We had an earn out. That was a, it was a huge earn out. It was hundreds of millions of dollars for the founders of the company. If we could hit certain sales targets, And user user, like hours, hours of time targets. And we actually had four years to hit those…”
Disclosure
Luckey: Oculus rejected Facebook's initial $1 billion acquisition offer
“First time we talked, I think basically we were offered a billion dollars to sell. And we said, no, we're not interested. We think this company is easily going to surpass that value. We think it's not going to be a problem for us to make more money.”
Disclosure
Luckey: Sony doubled job offer to run PlayStation VR lab before Oculus
“I actually had a job on a job offer on the table from Sony to run a PlayStation VR lab you know, out of PlayStation group. And when I turned them down, they actually doubled the offer. And then I had to turn them down again.”
Insight
Luckey: Seasteading Ferry Routes Require Privately Owned Marinas
“I think that you're going to end up needing if you want to have transport ferries that are operating from land out to international waters, you do not want to be in a position where the place you're doing that from is totally dependent on state government bure…”
Assertion Not checkable as stated
Luckey: Early Oculus Hires Were ModRetro Forum Moderators
“Actually a huge fraction of the people that I hired for Oculus in the early days were volunteer moderators on the mod retro forums.”
Disclosure
Luckey: Anduril buys employees any tool they want for personal projects
“Like one of our benefits we have is that we will buy anyone in the company, any tool they want for their personal projects as well as work projects.”