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https://warpcast.com/~/channel/clonefyi
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ted (not lasso)
@ted
Palmer Luckey / Anduril and Zuck / Meta are collabing on XR systems for the US Military. crazy full circle since Zuck acquired Palmer and Oculus years ago, then fired him, and then Palmer founded Anduril. Funded through private capital, not any taxpayer support, and designed to save US military both $$ and lives.
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keccers
@keccers.eth
You write this like they are going to give it to the government for free lol
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ted (not lasso)
@ted
how
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keccers
@keccers.eth
If it is actually deployed we will pay for it, no? With a markup on the time? Idk. We always pay! To me the way you say “privately funded” almost implies this is an act of altruism.
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ted (not lasso)
@ted
in what world does privately funded = altruism
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keccers
@keccers.eth
Because to me, the framing reads as if the taxpayer doesn’t pay at all. Initial capital being private is irrelevant. We are still the buyer. It’s functionally the same as if we contracted the work.
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ted (not lasso)
@ted
eh, i do think the distinction around initial private funding is more meaningful than irrelevant. early R&D is highest risk, lowest ROI and historically where govts have struggled with cost overruns and inefficiency. private capital fronting that risk means the govt (and taxpayer) only pays if the tech works and is adopted ideally at lower cost and faster timelines. example: SpaceX, which slashed NASA's launch costs by 40%+ in some cases.
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vrypan |--o--|
@vrypan.eth
Curious about the "private funded" part too. I always assume that when I read about a statue (especially in the US) it's private (non-state) funded. Are there any state-funded startups?
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keccers
@keccers.eth
Oh yeah tons. But they give the money in a way that’s non dilutive. Tesla was funded by DOE. This is a huge program too. https://seedfund.nsf.gov/ Before Trump—not sure if this works now—doing this was so profitable for startups in some verticals I saw a few companies hire grant writers to keep the $$$ flowing. It is a process that requires a very specific style and is very competitive, although once you stick the landing once it gets easier and easier as you know exactly what to do
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