Billionaire Palmer Luckey on why he only flies coach
“I don’t fly private and do fly coach,” billionaire founder of Anduril and Oculus Palmer Luckey says. “For me, it’s a reasoned thing. With exceptions for long, international travel, we only cover coach travel for our employees — it’s only a few hours, and it’s a very bad use of company money for us to be buying business or first-class for people. Because we have so much travel at the company, we could easily spend a very serious fraction of our resources on people traveling instead of slightly better seats.”
To lead by example, Palmer will fly coach — even when he uses his own money:
“People say, ‘Well, why don’t you just fly first-class?’ And here’s why: if I’m going to ask my employees to do it, I need to do it too — even when it’s my own money. It’s not that I would appear out of touch, I would literally be out of touch. Maybe one day coach gets so bad that I literally tell everyone, ‘I hear you, we’re all going business now.’ But today is not that day.”
He continues:
“I love the back of the plain by the window. Nobody bothers you. You can let everyone get off the plane before you. You don’t have to fight anybody . . . And my grandpa was a pilot for United Airlines for over 40 years. So I also grew up around commercial airlines and to me there is a certain romanticism to mass-market, mass-available air travel. What an incredible thing. And we did it — America did it! We figured out how to make it economically viable, and we build everyone else’s airplanes. It is an American thing.”
Source: @myfirstmilpod (Oct 2022)
1995: oh cool you can buy books online now
2026: the company that owns Whole Foods and Lord of the Rings is experiencing setbacks with its space program
I remember when the experts said you can't re use rockets. It's a dream and would never work.
Expect the same type of nonsense from the medical experts as we enter a new era of medical tech.
Just ignore them.
Warren Buffett: "The bottom 2% in terms of income in the United States, the bottom 5%, and for sure the top 1% all live better than John D. Rockefeller was living when I was six years old."
"John D. Rockefeller was the richest man in the world and, today, you can get better medicine, better education, better entertainment, better transportation. You can do everything better than he could."
"When I was born, the dentist didn't use novocaine!"
Meta Instagram Reels is currently doing $50B of run rate revenue
Just Reels alone makes more revenue than Netflix, Nike, Coca Cola, Visa, Spotify, Uber and Airbnb
Let that sink in
Imagine writing a PhD thesis so foundational that the title is literally just the name of the entire field of study.
Paul Dirac, 1926: "Quantum Mechanics."
It is amazing how the most liberal vocal feminists suddenly wear Hijab in presence of orthodox muslim men instead of fighting for women rights of muslim women.
the blue origin explosion briefly forces people to remember what the baseline actually is.
rockets aren’t supposed to feel like commercial aviation.
they feel that way because spacex spent years turning an extraordinary event into an ordinary one.
Before you get all pissy about this market being a bubble remember they used to sell real estate in the metaverse & buy JPEGs of rocks for 1 million. By those measures it’s early 😂😂
We used to do that, up until a court case called Griggs v. Duke Power made it illegal.
Fun fact: that's when college degrees started being mandatory for white collar jobs.
Companies stopped being allowed to filter out retards with a test, so now every single person in the country has to pay tens of thousands of dollars and spend four years doing pointless bullshit so they can get a piece of paper that for the vast majority serves no purpose apart from indicating that they aren't a complete idiot
It's generally illegal for employers to hire based on IQ tests because it was ruled they were discriminatory against certain minority groups
I'm not even kidding
That's literally the official reason