Power Law with John Coogan

John Coogan

John Coogan investigates how humans impact technology. read less
BusinessBusiness

Episodes

AJ Piplica is building hypersonic aircraft (Hermeus)
Jul 13 2023
AJ Piplica is building hypersonic aircraft (Hermeus)
In this episode, I delve into the journey of A.J. Piplica, CEO of Hermeus, a hypersonic airplane company. A Star Trek-inspired fascination for aerospace, nurtured during his time studying at Georgia Tech and working at NASA, guided Piplica into his first professional role at Spaceworks Engineering. It was here he got an opportunity to lead Generation Orbit (GO), a subsidiary focusing on hypersonic aircraft.Intriguingly, the seeds of Hermeus were sown at GO, where Piplica worked closely with Glenn Case, Skyler Shuford, and Mike Smayda, the future co-founders of Hermeus. They left the secure but limiting confines of GO to embark on a daring venture — Hermeus, betting on an audacious dream with six months of self-funded effort. Their journey involved facing skepticism, refining their business pitch, and navigating through a challenging investment landscape.Their resilience paid off when Khosla Ventures, despite early setbacks, funded them to build a prototype engine. After demonstrating their technology's capabilities, the team managed to secure significant funding during a difficult pandemic-hit period, fuelled in part by contracts from the Air Force. The funding was used to build Chimera, their first full-scale engine capable of transitioning from an afterburning turbojet to a pure ramjet.As Hermeus continues to grow, Piplica stresses the importance of hitting regular milestones, bridging funding gaps, and maintaining operations and growth. The process, he shares, involves a steep learning curve about government contracts, building lasting relationships, and responding promptly to shifting mission requirements. The vision is clear: to develop hypersonic technology that can cover large distances quickly, operate in contested environments, and rapidly adapt to changing mission needs.
Doug DeMuro (Cars and Bids)
Jun 23 2023
Doug DeMuro (Cars and Bids)
In today's episode, I'm exploring the life and career of Doug DeMuro, the renowned car YouTuber and entrepreneur. I'll be following his journey from being a 20-year-old car fanatic darting around Atlanta's streets, snapping shots of exotic cars, to becoming the successful business owner he is today.DeMuro's footprint in the car world is extraordinary, and his story offers a distinctive perspective on dedication, long-term vision, and the pure love for one's passion. His trajectory reminds me of the influential figures I've covered in previous episodes, individuals who have carved their own path and created unique platforms that have brought about transformation in their respective fields.Throughout this episode, I aim to answer some key questions: How did DeMuro transition from an enthusiastic car lover to creating his platform, Cars and Bids? What approach did he take to stand out in a competitive field packed with major players? What are his thoughts on the creator economy, being one of its successful advocates?One of the pivotal parts of our conversation revolves around the relationship between creators and brands. How does DeMuro construct and uphold win-win collaborations? How has he nurtured a platform that caters to both creators and car enthusiasts? His insights could potentially shape our understanding of the future of the creator economy.And remember, you don't have to be a car enthusiast to enjoy this episode. If you're curious about the dynamics of the creator economy, or how a personal passion can morph into a thriving venture, this episode is for you. Join me in this enlightening exploration of DeMuro's world and prepare for an engaging ride.
Alex Karp (Palantir)
Jun 6 2023
Alex Karp (Palantir)
In this episode, I explore the life and career of Dr. Alex Karp, CEO of Palantir. Karp, born in Philadelphia in 1967, struggled with dyslexia but persevered and graduated from Haverford College before studying law at Stanford. This is where he met Peter Thiel, entrepreneur and venture capitalist. Despite their contrasting political views, they became close friends.After Stanford, Thiel pursued a career in law, while Karp went to Frankfurt University to earn a Ph.D. in neoclassical social theory under the tutelage of the renowned philosopher, Habermas. However, Karp soon realized that academia was not his path. He turned to investing and started the Caedmon Group in London.Meanwhile, Thiel had built and sold PayPal, becoming a multi-millionaire. Thiel's vision for Palantir was to use technology to balance civil liberties and proactive counterterrorism. This would need a unique team of Stanford and PayPal alumni. While the team had the technical skills to build a product, they needed a CEO with the right connections to work with big government, which is where Karp's network came in handy.The challenge was creating a system that could identify threats while preserving civil liberties. This struggle was evident in the failed "Total Information Awareness" program, which Congress defunded due to concerns about government surveillance.The Palantir team learned from this, building a software that could link and search through disparate databases while maintaining access logs for audit. While the initial prototype was promising, selling to the government was a challenge, due to layers of decision-makers and red tape.While Thiel had initially funded Palantir, attracting additional venture capital proved difficult due to Silicon Valley's reluctance to deal with the government. However, the podcast concludes by highlighting the irony of this situation, as early Silicon Valley successes were built on partnerships with the American military.The podcast also features an interview with Stanford Professor Steve Blank, who discusses the difficulties tech companies face when working with the American government