Joe Lonsdale: The Future of TikTok; Is it a Danger to US National Security? | E1125

Joe Lonsdale is the Founder and Managing Partner at 8VC, an early-stage venture capital firm managing over $6 billion in capital. In 2003, he founded Palantir Technologies. Since then, he has founded over a dozen companies, including Addepar, a wealth management platform helping investors manage over $5 trillion, and OpenGov, recently sold for $1.8BN. ----------------------------------------------- Timestamps: (00:00) Intro (00:45) Joe’s Childhood (03:09) Importance of Competition & Self-Awareness (04:18) Biggest Needle-Moving Moment (06:07) America as a Frontier Nation (09:35) Lack of Accountability in America’s Core (14:03) Woke Mind Virus is Real? (17:07) Concept of Fully Developed Core & Deglobalization (21:42) What’s Wrong with Universities? (27:04) Restoring America as a Frontier Nation (29:07) Concerns & Impact of Trump’s Win (30:28) China’s Influence & Approach to Dealing with it (34:00) Continue Funding Zelensky? (34:52) Israeli-Palestinian Conflict (38:07) Role of Parenting (39:57) Balancing Work & Family (41:08) Instilling Ambition in Kids (42:10) Importance of People & Markets (43:44) Diversification vs. Concentration (45:04) Reflecting on Concentrated Efforts (46:00) Role of Net Worth (48:58) Using Wealth to Make a Difference (51:53) Lady Gaga’s Company (53:55) Why Wish Failed (56:39) Future of VC (57:58) Rise of AI Services (01:01:26) Quick-Fire Round ----------------------------------------------- In Today’s Episode with Joe Lonsdale We Discuss: 1. The Making of a Multi-Unicorn Founder: What was Joe like as a child? How would his parents and teachers have described him? What does Joe know now that he wishes he had known when he started his career? How does Joe view the importance of luck and skill in success? 2. America’s New Dawn: Navigating Frontiers and Accountability What did Joe mean by describing America as a “frontier nation”? How does Joe contrast America’s frontiers with Europe’s social safety nets? How does Joe propose restoring America using the “scalpel over the sledgehammer” approach? How can America introduce accountability to non-profit institutions? What role do for-profit prisons play? 3. Woke Mind Virus Why does Joe consider the Woke Mind Virus a “Bad Postmodern Religion”? Why does Joe see Elon Musk as a key figure in challenging “woke minds”? Why does Joe believe the education system is a core problem? What needs to change? Is it too late to reverse the current state of “woke mind virus”? 4. TikTok, China, Israel: What does Joe believe is the right solution for TikTok’s ownership? To what extent is TikTok a danger to American national security? What does Joe predict will happen to China from here? What needs to change? How does Joe predict the next 24 months for the conflict in Israel and Gaza? 5. Investing Lessons: Wish, Palantir and more What are Joe’s biggest takeaways from the failing of Wish? What did Joe learn from the failed project with Lady Gaga? How does Joe reflect on when is the right time to sell? How does Joe reflect on his own relationship to money? ----------------------------------------------- Subscribe on Spotify: https://open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466 Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465 Follow Harry Stebbings on Twitter: https://twitter.com/HarryStebbings Follow Joe Lonsdale on Twitter: https://twitter.com/JTLonsdale Follow 20VC on Instagram: https://www.instagram.com/20vchq Follow 20VC on TikTok: https://www.tiktok.com/@20vc_tok Visit our Website: https://www.20vc.com Subscribe to our Newsletter: https://www.thetwentyminutevc.com/contact ----------------------------------------------- #20vc #harrystebbings #venturecapital #founder #JoeLonsdale #8vc #america #china #chinesetiktok #zelensky #wish #palantirtechnologies #elonmusk #markzuckerberg #ladygaga #paypal #israelpalestineconflict #trump