The Silicon Valley Elite Need A Culture Of Duty
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Editor’s note: Joe Lonsdale is a General Partner at Formation 8, an early-growth technology fund. He is co-founder of Palantir and Addepar and is proud to be behind other successful mission-driven technology companies.
When we saw a huge gap in the government’s technology response to 9/11 and founded Palantir in 2004, Silicon Valley venture capitalists refused to invest. They said “no” even after our progress two years in when we had early proof that a distributed, flexible platform could outperform and replace several multi-billion-dollar IT services projects for a fraction of the cost and time.
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