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Money Maze Podcast

105: China, AI, Entrepreneurship & the US Economy - With Billionaire Investor Thomas Tull & Palantir Co-Founder Joe Lonsdale

Money Maze Podcast

Money Maze Podcast

Business, Investing, Management, News, Business News

4.8216 Ratings

🗓️ 20 July 2023

⏱️ 46 minutes

🧾️ Download transcript

Summary

In the second episode of our ‘July With Jen’ miniseries, we welcome two leading entrepreneurs on the show for a varied discussion on the US economy, geopolitics, tech and more.


The episode brings together Joe Lonsdale, Managing Partner of 8VC and Co-Founder of Palantir, and Thomas Tull, Founder of Tulco LLC and Former CEO of Legendary Entertainment. The discussion is moderated by Jen Prosek, Founder of Prosek Partners, who is kindly guest hosting the podcast this month.


The two entrepreneurs offer some thoughtful insights on emerging technologies, AI, synthetic biology, the private and public sectors, as well as the rise of China and America’s response. They also discuss the impact of COVID-19 on supply chains & manufacturing, philanthropy, and leadership. 



The Money Maze Podcast is kindly sponsored by Schroders,  Bremont Watches, and LiveTrade. We’re also pleased to be highlighting & supporting GAIN as our 2023 Charitable Partner. 

Transcript

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0:00.0

I'm a huge believer in opportunity. I don't care where you come from, what your background is.

0:06.6

If you have aptitude, you should be afforded the opportunity to come forward.

0:11.9

One of the frameworks I really like is subsidy philanthropy versus solutions philanthropy.

0:17.2

In society, as Thomas said, where so many things are broken and where real leadership is needed,

0:22.6

subsidy philanthropy is not enough.

0:33.9

Welcome to the Money Maze podcast. I'm Simon Brewer, and Will Campion and I have created this show to explore and unravel some of the mysteries surrounding the investment business.

0:38.7

You can keep up to date by visiting MoneyMayspodcast.com and please sign up to our newsletter to ensure you won't miss a release. If you enjoy this show, please subscribe and we'd love

0:44.2

you to tell a friend or colleague about it. Thank you for listening. This month, Money Maize

0:50.3

podcast host, Simon Brewer, has handed over the reins to me. I'm Jen ProSec, founder and

0:55.8

managing partner PROSAC partners. After being featured on the show earlier this month, I'm delighted

1:01.2

to be the guest host of this series, recorded from our Madison Avenue office in New York.

1:08.0

I'm honored to be here today with Thomas Tell and Joe Lonsdale, who are literally reshaping the world with their investments in emerging technologies.

1:16.7

Joe Lonsdale founded three companies that have reached multi-billion dollar valuations all before the age of 40 and is now running a multi-billion dollar VC focused on the tech space.

1:28.4

He is also the founder of a college in Austin, which we'll touch on a little bit later in this podcast.

1:34.3

Thomas Tull is also a self-made billionaire investor and entrepreneur.

1:38.4

He founded Tullco, where he uses AI and emerging technologies to transform businesses.

1:44.0

He sits on the Dean's Advisory Board of MIT and the Board of Carnegie Mellon.

1:48.6

Thomas is also a conservationist, a philanthropist, and a musician.

1:53.0

I had the honor of watching Thomas open for the Rolling Stones.

1:56.8

His band is that good.

1:59.5

And he's the co-owner of two sports teams, the NFL's Pittsburgh Steelers,

2:04.2

and also the baseball team, the New York Yankees. As you can tell, this is going to be a great

...

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