20VC: Reid Hoffman on The Trump Administration | Elon Musk and DOGE | The US Defence Budget, NATO and The War in Ukraine | China, Tariffs and TikTok | The Future of Chips, Nuclear Energy, Quantum Computing and Climate

2928.016 - 2949.846 Reid Hoffman

I'm only going to put the billion dollars in if I have a chance of an acquisition exit because I'm going to need the billion dollars back possibly. That's a huge loss. So if I am blocked, if you have a regulatory authority to say we are never going to allow that, then I'm never going to do the investment that allows a company to potentially compete with those large tech companies.