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VC Trae Stephens says he has a bunker (and much more) in talk about Founders Fund and Anduril
Last night, for an evening hosted by StrictlyVC, this editor sat down with Trae Stephens, a former government intelligence analyst turned early Palantir
We also talked about a former colleague who manages to get a lot of press (Stephens rightly ribbed me for talking about him during our own conversation), whether Founders Fund has concerns about that Elon Musk is stretching himself too thin (it has stakes in numerous Musk companies), and what happens to another portfolio company, OpenAI, if it loses too much talent, now that it has let its employees sell some percentage of their shares at an$86 billion valuation. The nature of Anduril and what we’re doing there is that the threat that we’re facing globally is very different than it was in 2000 through 2020, when we were talking about non-state actors: terrorist organizations, insurgent groups, rogue states, things like that. .so we wanted to build a company that’s software-defined and hardware-enabled, so we’re bringing these systems that are low cost and supplementing the existing capabilities to create a continued deterrent impact so that we avoid global conflict .
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