How the Besties Think About Defense Investing #vc #technology #ai #allinpodcast

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Episode Description

Full episode: https://youtu.be/hZp80SYIRlY

Follow the besties: https://twitter.com/chamath https://twitter.com/Jason https://twitter.com/DavidSacks https://twitter.com/friedberg

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Brief Summary

Investing in defense raises ethical concerns about war and the military-industrial complex.

Key points

  • Concerns About Military Investments. The speaker expresses unease about investing in defense companies and the potential moral corruption involved.

Transcript

I don't have a problem with investing in a company like andrel America needs defense companies in order to maintain its defense and the problem right now that we have is there's these five Prime companies that are Antiquated and really expensive and we need startup disruptors to that so I'm not morally opposed to it in fact I think it's probably a good thing I think my concern would be I don't really want to be part of the military-industrial complex I feel like it might corrupt my views on things no you'd want war you'd be ging for war that's your demand Jen right I don't want to feel an incentive to be like these generals go on CNN and Fox News

and justify every single War that's my biggest fear as well it's one thing to be investing in a bunch of companies where we're sitting around hoping for cheaper clicks on Facebook and Google it's an entirely other thing to sit on the board of a company and hope for war that's a horrible place to be if you believe that America should be the most important country in the world and you have the ability to help it be that eventually some of those decisions will come in contact with this kind of decision

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