In this episode of the Shawn Ryan Show, host Shawn Ryan speaks with entrepreneur Joe Lonsdale about Lonsdale's ventures in defense technology, wealth management, and higher education. Lonsdale discusses his companies Epirus and Andruil, which develop advanced weapons systems like the Leonidas anti-drone microwave and the Roadrunner reusable missile.
Lonsdale also shares his mission to counter the rise of "woke" ideologies through the University of Austin, which aims to teach core Western traditions and produce leaders grounded in Western thought. He provides insight into his wealth management platform Addepar and addresses vulnerabilities he perceives in the US government, military, and infrastructure.
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Joe Lonsdale co-founded Epirus, a company developing the Leonidas high-powered microwave system capable of disabling large numbers of enemy drones from miles away. Lonsdale notes Epirus is also creating smaller versions to be deployed on autonomous drones and naval vessels.
Lonsdale also co-founded Andruil, which created the Roadrunner reusable missile designed to provide a more cost-effective solution than traditional expendable missiles. Lonsdale believes autonomous and swarming drone technologies will play a crucial role in future warfare.
Lonsdale expresses concerns over the rise of "wokeness" and neo-Marxist ideologies in major institutions. To counter this, Lonsdale co-founded the University of Austin, aiming to teach the core traditions of Western civilization and produce "philosopher builders" - leaders grounded in Western thought.
The university is actively recruiting top professors and providing full scholarships to attract high-caliber students away from elite universities. Lonsdale hopes the University of Austin will serve as an alternative to what he sees as the subversion of academic institutions.
After Palantir, Lonsdale founded Addepar to modernize wealth management through data-driven, transparent practices. Addepar's platform integrates clients' financial data, facilitating better decision-making. The company has grown to over $7 trillion in assets under management.
Lonsdale recruited top Silicon Valley talent to Addepar and aimed to provide clients with enhanced reporting and tools, contrasting with the financial industry's outdated technology and opaque practices.
Lonsdale criticizes the bureaucracy, special interests, and risk-aversion that he believes have hampered innovation and accountability in the US government and military. He argues outdated technologies have left the US vulnerable to adversaries like China.
Lonsdale supports reform efforts by figures like Elon Musk to revitalize key agencies and policies. However, he expresses concerns over vulnerabilities in US infrastructure like the power grid, emphasizing the urgent need for modernization and resilience against cyber threats and crises.
1-Page Summary
Joe Lonsdale, co-founder of Epirus and Andruil, discusses his ventures in defense and military technologies, focusing on anti-drone warfare and autonomous systems.
Lonsdale, along with partners Nathan Mintz, Bo Marr, Grant Stepton, and others, founded Epirus with the aim to develop directed energy weapons to counter the increasing threat of drones in warfare.
Epirus's flagship product, the Leonidas system, soon to be deployed with CENTCOM, demonstrates profound efficacy in disabling large numbers of drones. During tests, Leonidas was capable of disabling about 100 drones at a time, if they were flying in formation. Deemed as an electronic powerhouse, Lonsdale likened its capabilities to the mythical bow of Theseus, with its high shot capacity and cost efficiency.
Furthermore, Lonsdale notes Epirus's development of technology that enables firing cones of energy to down drones from miles away. Leonidas, a high-powered microwave system, is capable of engaging drones at distances far exceeding the range of competitors’ systems. Epirus is also developing smaller versions of the Leonidas system for deployment on autonomous drones and naval vessels, hinting at the potential to integrate such systems into missiles that could approach enemy drones, unleash their payload, and return.
Lonsdale talks about expanding the utility of the Leonidas system, with smaller form factors that could be installed in missiles or on naval ships. These smaller cones of energy could be outfitted to something like an Anduril Roadrunner missile for more focused effects, providing protection against drone attacks in various settings, including stadiums and airports. He also suggests that autonomous weaponized vessels may eventually employ these systems in battle to disable enemy equipment.
Lonsdale, backed by a team comprising former Palantir employees and Palmer Luckey, co-founded Andruil to develop autonomous and innovative missile systems that alig ...
Lonsdale's defense and military technology ventures
Joe Lonsdale speaks out against what he regards as the infiltration of "wokeness" and neo-Marxist ideologies in academic institutions and outlines his efforts to reform higher education through the creation of the University of Austin.
Lonsdale recalls the early days of "political correctness" at Stanford Review, noting an escalation around 2014-2015 when he felt society became irrational and began engaging in virtue signaling. He observed an expectation that everyone demonstrate their commitment to social justice, even when it meant supporting groups with ideologies he finds divisive, such as Marxism. Lonsdale expresses frustration with the requirement to support such groups to be seen as a concerned and good citizen. He draws a line between acknowledging historical grievances against African Americans and actions that he believes divide society further.
Lonsdale talks about the creation of the University of Austin, challenging regulatory barriers and opposition from existing universities and accrediting bodies. He intends for the institution to compete with elite universities and plans on scaling the university over the next two decades. The core of the University of Austin's curriculum will focus on the traditions central to Western civilization: classical virtues from ancient Greece and Rome, Judeo-Christian values, and the Enlightenment's scientific and philosophical contributions.
The University of Austin positions itself as an institution committed to truth and the major ideas that shaped Western civilization. Lonsdale emphasizes the importance of understanding these traditions for anyone aspiring to be an educated leader in society, as were the founders of the United States. The university's curriculum will focus on buildi ...
Lonsdale's efforts to combat "wokeness" and reform higher education
Following his success with Palantir, Joe Lonsdale has been focused on revolutionizing the wealth management industry through his company, Addepar, by bringing data-driven and transparent practices to the forefront.
Ryan highlights Lonsdale's career trajectory, noting that after his time at Palantir, Lonsdale established Addepar. The move was inspired by his realization of the need for organization within the finance sector, particularly through a platform that could offer comprehensive access to clients' wealth information for better organization. Having personal experience with inadequate technology in wealth management, since he had his own family office, Lonsdale aimed to redefine financial practices by addressing technological deficiencies.
Lonsdale's Addepar boasts over $7 trillion in assets under management, serving as testament to its leading role in the industry. The platform is utilized by major investment advisors, banks with wealth managers, family offices—possibly including some in Nashville as mentioned by Shawn Ryan—to manage data and reporting to inform decision-making. Addepar also facilitates accountancy and legal transparency by consolidating all relevant data, leading to better-informed actions.
Lonsdale's experiences at PayPal were formative, where he contended with substantial theft from organized crime groups, leading to the development of investigative tools that were pivotal for the company's turnaround. This background in creating solutions for co ...
Lonsdale's work in the financial sector
Joe Lonsdale gives a critical review of the U.S. bureaucracy and issues an urgent call for reforms in government, military, and infrastructure to address the country’s vulnerabilities and modernize for the future.
Lonsdale describes the majority of the Department of Defense's strategy group as incompetent, despite the presence of some competent individuals and occasional geniuses. He critiques the outdated technology and methods used by the US government for defense projects, which prompted the foundation of Palantir to improve national security tools. Lonsdale also condemns the decision to not automate ports as an example of bureaucracy and special interests impeding progress.
Lonsdale expresses concern about the strategic mistake of allowing China and Russia to become allies and the potential vulnerability posed by Turkey’s NATO membership given the rise of Erdogan and its nuclear weapons. He sees the bureaucracy in government institutions and within the military-industrial complex, including companies like Raytheon and Lockheed, as dominated by cowards who are not bold or courageous, hindering the military's effectiveness and leaving it behind adversaries like China.
Lonsdale's hope for the future aligns with the efforts of reform advocates such as Elon Musk, Vivek Ramaswamy, and others whom he sees as intelligent and helpful. He believes that successful reform initiatives by these individuals are essential for civilization and may brighten the future.
He references the bureaucracy's powerful position as a special interest in the United States, its resistance to change, and its inherent arrogance. He recalls the late 1970s' rules during Jimmy Carter's Congress, which made government employees hard to hold accountable. Nonetheless, Lonsdale anticipates that reform efforts will prevail.
Lonsdale's perspectives on the US government, military, and infrastructure
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