Today, Santiago & Josh interview Trae Stephens, Partner at Founders Fund and Co-Founder of Anduril Industries & Sol. We cover:

> Economics of modern warfare

> Coming back down the curve: nuclear deterrence

> Why Palmer Lucky?

> Ramjets in the swimming pool

> Form newspaper editor to international man of mystery (sort of)

> Joining Thiel's team

> Why most startups are on lame quests

> Side-quest one: read in bed

> Side-quest two: get outside

> Theology of building

> No Trump excuse + Ukraine war + peak woke mind virus === defense tech 🚀

> Investing in a "category"? You're too late.

> Lessons from 10 years at Founders Fund

 

 

Learn more about Trae Stephen's work:

https://foundersfund.com/our_team

https://www.anduril.com/

 

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The New Founding Podcast is recorded at the New Founding HQ in Dallas, Texas, produced by Santiago Pliego & Joshua Clemans, and edited by Jared Cummings.

 

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