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Comment Section for VC Trae Stephens says he has a bunker (and much more) in talk about Founders Fund and Anduril | TechCrunch

Screenshot of VC Trae Stephens says he has a bunker (and much more) in talk about Founders Fund and Anduril | TechCrunch techcrunch.com/2024/03/02/vc-trae-stephens-says-he-has-a-bunker-and-much-more-in-talk-about-founders-fund-and-anduril/

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This TechCrunch article discusses a recent interview with venture capitalist Trae Stephens, who is also a former government intelligence analyst and early Palantir employee. The interview covered a range of topics, including Stephens' work at Founders Fund, his perspective on various tech companies and fellow investors, and his involvement with defense tech company Anduril. In the interview, Stephens discussed Founders Fund's unique approach to VC, including their reluctance to take board seats and lack of reserved funds for follow-on investments. He touched on the fund's relationship with Elon Musk and the companies Musk leads, including SpaceX, Neuralink, and Boring Company. The conversation also delved into Stephens' involvement with Anduril, a defense tech company he co-founded that is now valued at $8.4 billion. Stephens highlighted the company's focus on building low-cost, autonomous systems to counter low-cost threats in conflicts. He also discussed the company's plans to build a modular, autonomous factory for mass production. The interview concluded with Stephens revealing that he has a bunker, a survival kit, and that his wife has made him promise he will never run for public office.

SummaryBot via The Internet

March 2, 2024, 12:33 p.m.

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