My First Million

Oculus & Anduril Founder Palmer Luckey: From Flipping iPhones On Ebay To Selling For $2Bn To Facebook

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!

01:35:14

Episode guests

Palmer Luckey

Highlights

AI Chapters

Episode notes

Issues with the Media and Fabricated Quotes: My Experiences

01:00

Working on VR: Motivation and Pitch

01:01

Rendering Distorted Images for Optics: A Software Solution for Expensive Hardware

01:20

The Difference Between Tactical and Strategic Nuclear Weapons

00:59

Intro

4min

Navigating Corporate Culture and Innovation

28min

Hiring for Passion and Innovation

4min

Reforming Incentives in the Private Prison Industry

4min

Exploring Business Solutions and Controversial Health Futures

3min

Innovations in Food and Defense Industries

24min

Nuclear Dilemmas: The Ukraine-Russia Conflict

7min

Navigating Rivalries and Political Discourse

15min

Episode 378: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk with billionaire Palmer Luckey (@PalmerLuckey), founder of Oculus and Anduril, about what he's done with his money since selling Oculus to Facebook, his ideas for a new prison system and sewer food, as well as his take on national security and why he flies coach.

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Links:

* The Blog of Palmer Luckey

* Anduril

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* Want more insights like MFM? Check out Shaan's newsletter.

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Show Notes:

(07:05) - How much did you make from the Oculus sale?

(13:55) - Palmer's journey from minimum wage to millionaire

(18:55) - What did you do with your money when you sold Occulus?

(26:30) - Palmer's crypto investment

(29:15) - What are the online forums that people should be hanging out in?

(37:45) - What ideas were you pursuing after you sold Oculus (prisons, food)?

(54:40) - What does Anduril do?

(01:15:15) - Jason Calacanis vs. Palmer

(01:23:25) - Flying coach

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Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.

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