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12-Sep-1982
United States
Good government is one of the most important factors in economic growth and social well-being.
Joe Lonsdale
Hours wasted in traffic represent not only lost wages but enormous amounts of economic activity that might have happened. Congestion indirectly increases consumer prices, makes travel times unreliable for commuters and truckers, and precludes many people from accessing jobs in urban hubs.
Engineering is the art of managing scarcity - it's easy to design and build a massive bridge that will last forever if cost is not an issue. Similarly, to build a new company, you must manage scarce resources.
Entrepreneurship is, in large part, about building something from nothing, which means creating a cause.
The human mind and body remains the most complex, powerful machine on the planet, and we will adapt and thrive in a world of accelerating technological change.
In my experience, it's common that deep truths exist at both extremes of a dialectic, and the wisest stance on an issue will incorporate 'both of the opposites within itself.'
Palantir owes much of its success to the amazing talent of the first 30-40 technologists who joined the company, as well as to the internal leadership that helped motivate this core group to achieve its ambitious goals and to continue to attract extraordinary people.
If you can make finance more functional, make it a tiny percent better, you create a great deal of resources, which you can use for other things like education and healthcare.
We created Addepar because we saw a place where a multi-billion dollar global platform clearly should exist - but did not yet - to fix many of the challenges that exist in the finance industry.