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The Pomp Podcast

Bradley Tusk, Founder and CEO of Tusk Holdings: Investing In Startups The Government Wants To Kill

10/16/2019 · 92 min · transcript via mlx

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Key topics

Bradley Tusk's transition from politics (Mayor Ed Rendell, Bloomberg mayoral campaign, Chuck Schumer's communications director) to venture capital and startup advising, particularly helping Uber overcome regulatory challenges from entrenched taxi cartels across multiple U.S. cities.

How Uber mobilized millions of customers through the app to contact elected officials, flipping the political calculus and defeating bad legislation in Washington D.C., New York, and elsewhere—proving grassroots engagement could overcome traditional lobbying.

The dual nature of disruptive founders: Travis Kalanick's ruthless determination was necessary to break the taxi cartel, but those same traits caused workplace culture problems that ultimately led to his ouster post-IPO when the board prioritized stability over innovation.

Tusk's thesis on declining faith in institutions (government, media, Wall Street, churches) and how blockchain-based voting could increase voter turnout from 12–15% to 60–70% by enabling secure phone-based voting, reducing friction.

Venture capital model investing exclusively at the intersection of politics and technology, backing startups (Bird, Lemonade, FanDuel) facing regulatory gatekeepers and running campaigns to solve those political obstacles.

Gerrymandering and primary election dynamics: because most House seats are decided in primaries with <15% turnout, only the most ideological voters and wealthy donors have meaningful input, blocking consensus on major policy issues.

Market & price signals

None discussed.

Actionable insights

Understand that politicians are rationally self-interested actors focused solely on re-election; changing policy outputs requires changing political inputs (voter turnout, constituent pressure), not moral arguments or lobbying alone.

If you are a founder facing regulatory headwinds, focus on mobilizing your user base as advocates rather than competing on traditional lobbying—a customer base that feels the product's value is powerful leverage against entrenched incumbents.

Primary election turnout and gerrymandering create perverse incentives where only ideological extremes and big donors shape legislation; blockchain-enabled voting could be a lever to increase participation and unlock consensus on climate, guns, healthcare, and education.

Episode sponsorships

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