My First Million Oculus & Anduril Founder Palmer Luckey: From Flipping iPhones On Ebay To Selling For $2Bn To Facebook
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Oct 25, 2022 
Palmer Luckey, the billionaire founder of Oculus and Anduril, shares his journey from flipping iPhones on eBay to selling Oculus for $2 billion. He dives into his innovative ideas for revamping the prison system with a nonprofit model aimed at rehabilitation. Luckey also discusses his bold ventures into synthetic foods and the challenges of competing in the defense industry. With a take on national security and controversy in the Ukraine-Russia conflict, he proves that creativity knows no bounds. Plus, find out why he still chooses to fly coach!
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Humble Beginnings
- Palmer Luckey started Oculus with his own money while working a minimum wage job.
- He lived in a 19-foot camper trailer and fixed iPhones to fund his VR passion project.
Post-Acquisition Investments
- After selling Oculus, Palmer Luckey invested most of his earnings in index funds, following his grandpa's advice.
- He also pursued personal passions like helicopter piloting, classic cars, and buying a house for his parents.
Early Bitcoin Adoption
- Palmer Luckey bought Bitcoin in 2010, before exchanges existed, trading forum ads and goods for it.
- He got into Bitcoin because of its cyberpunk appeal, viewing it as a means of exchange, not speculation.