In this conversation, we're discussing with Joe Lonsdale the potential for building new cities and network states to improve governance in countries with broken institutions.
Joe Lonsdale is a technology entrepreneur and investor. He is the managing partner at 8VC, a multi-billion dollar firm in the US. Previously he co-founded Palantir.
Agencies and institutions are broken.
The SEC on the fight with crypto, the FDA on the battle to bring needed drugs to market, and the FTC on not allowing companies to be acquired and merged to grow into something bigger.
Joe encourages entrepreneurs to identify the biggest gaps in areas hindered by regulatory constraints, such as transportation, infrastructure, immigration, or biotech, and aggressively pursue solutions.
Successful examples abroad can inspire change in the US. Like what's happening in Vitalia City within the Próspera special economic zone in Honduras, this approach can demonstrate effective solutions, encouraging the U.S. to adopt these innovations and improve its systems.
"Building a great city-state would help the US, just as Singapore helps China a lot. We can have another Hong Kong or Singapore of the Americas."
More about Joe's work:
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Ep. 84: Joe Lonsdale On How To Fix Broken Institutions