Dual Use, Space, Ocean Tech Panel - 361Firm's NY Teech Summit Feb. 25 2025 The panel at 361Firm's NY Tech Summit discussed the dual use of space and ocean technologies. Dan, co-founder and CEO of Sara, shared his company's journey, including securing Elon Musk as a client and raising significant capital. The discussion highlighted the importance of AI in combating disinformation and the potential of ocean tech, with Fabien Cousteau's initiatives emphasized. Elena from Ukraine highlighted the advancements in Ukrainian defense technology, particularly naval drones. The panel also touched on the geopolitical implications of ocean tech and the need for public-private partnerships to drive innovation and security. Cyabra (AI company): Concerns about the explosion of disinformation and cognitive biases worsened by tribalism on the internet. The challenge of distinguishing between real and fake information in online realms. Ocean Technology: Lack of investment compared to space technology. Concerns about China's interest in creating deep-sea habitats. Potential sabotage of undersea internet cables by foreign vessels. Ukrainian Defense Technology: The shift from traditional warfare to drone warfare. The need for effective anti-drone and electronic warfare systems. Ineffectiveness of some American drones in the Ukrainian conflict due to electronic warfare challenges.
Dual Use, Space and Ocean Tech...NY Tech Summit (Feb. 25, 2025)
SUMMARY KEYWORDS
Dual use technology, space tech, ocean tech, cyber security, AI disinformation, Elon Musk, Ukrainian defense, naval drones, autonomous weapons, national security, public-private partnerships, ocean habitats, acoustic technology, geopolitical tensions, investment opportunities.
SPEAKERS
Elena Anfimova, Gator Greenwill, Tony Cruz, Lisa Marrocchino, Speaker 5, Jaha Cummings, Carl Pro, Robin Blackstone, Speaker 4, Andrew Fisch, Mark Sanor, Dan Brahmy
Mark Sanor 00:00
So Gator is with a family office investing in this space for a long time, with natural resources and minerals heritage. And Dan I met with Josette Sheeran at her office, otherwise known as the Carlisle hotel, who said, "You got to meet Dan", and now here you are on one of our panels. Thank you. So I think it's better, if you might share the "Harry Met Sally" story of how you met Dan
Gator Greenwill 00:49
That's a pretty good story. So Dan literally sent me a cold LinkedIn request. Yeah, there was a cut. Yeah, there were a couple of them.
Mark Sanor Wait, let's go back further. How did you identify him for that LinkedIn request? Or is it random? Or is it random? Give them the mic
Dan Brahmy 01:15
again, I'm sorry. I'm sorry. So as part of being a founder who has lived in Israel for the last 19 years, I've learned to be a relentless a**hole. And so it's kind of this skill set that you need to have in order to get to a certain point in life. And I saw I heard about Gator, and then I was like, you know, maybe I'll just try and find his email address, and then I've had a lot of success is just reaching out to people on LinkedIn, you'd be surprised, like former head of Senate Intel Committee, folks like guys that you would never dream of even talking to. And I was like, hello, I'm Dan, can we talk? And they're like, Okay, whatever. So it just worked out in that
Mark Sanor 01:57
In that same spirit, how did you How did you land Elon Musk as a client.
Dan Brahmy 02:04
Well, that's a long story. So, so I'll let you go into the things you wanted to
Mark Sanor 02:10
say. Oh, he doesn't want that question.
Gator Greenwill 02:15
So anyhow, Dan, Dan did a cold LinkedIn email. It was persistent, but the area that he was exploring was of already significant interest to the investment fund that I was working for. We had long had the thesis that one of the fundamental risks of AI before we even make it to anything like artificial general or artificial super intelligence was the risk of an explosion in disinformation, an explosion in cognitive biases being worsened by tribalism on the internet. And so Dan had obviously been building the company for a couple of years when he reached out to us, he was beginning to do a raise for series, a had, you know, a very reputable Israeli VC fund that was looking for an American co investor, and we negotiated term sheet, and the the rest is history. Now we are sitting here before you today. So that's the the one minute version. There's obviously more twists and turns along along the way, we've ended up supplying probably 20 to 30, like 20% of your capital stack, maybe something like, something like that. So ended up being a significant portion of, you know, raise capital for for si Amber, before the the pre IPO and the IPO. So
Mark Sanor 03:39
now just want I'm getting, I want to ask more unfair questions, but, but as you look at the landscape, right? That's this is a one, just one example. What do you what excites and scares you in this? Well,
Gator Greenwill 03:52
a lot of things scare me. A lot of things also excite me. So the rising geo political tensions between the US and the EU certainly scare me, as well as you know, the US and at least a few members of the of the five eyes, given how important that's been to the defense posture of the United States historically, by the same token, it is causing a much needed re evaluation in Europe of spend by the government sector in the defense space, there has already been a number of very promising start ups actually being founded, even in Ukraine, but also in Estonia, Germany, France, that have been started for funding due To the government just under investing in the sector. So I'm excited about the prospects for investing in Euro zone companies. Aside from Israel, we've also invested in several Euro zone companies. So one thing that distinguished us from early on was we looked at dual use as being not just about American innovation, but American and partners innovation, including. Between Israel and the Euro zone especially.
Mark Sanor 05:04
And so, I guess from your perspective, Dan, maybe tell a little bit of your some interesting stories. I do want to hear this Elon Musk story, if you don't mind.
Dan Brahmy 05:18
So just to give a quick background, I'm Dan. I'm one of the co founders and the CEO of a company called Sara, which is cyber security in abracadabra, which kind of reveals what we do. But the truth is, we've been out there for seven years. Raised money from from gators Firm A couple times, and the value has been actually much more than just the capital. Usually, we've raised money from Founders Fund a couple times, which is Peter thiel's fund as well in the valley. So the guy who created PayPal and Palantir and all these other names out there, and for four years, we've actually done the typical mistake of the tech very geeky founders, which is building, building, building, building, and not getting enough feedback from the market. And so for a very long time, we were at that stage where we were trying to prove to the world by building the best possible tech. And I think we had, we still have, actually, it gave us a crazy advantage, but not within that four years time period, because we were just building that technology, which is in a nutshell, able to distinguish between real bad and fake for the online realm, social media and traditional media outlets, right? We want to be that, that sort of stamp of trustworthiness for the conversations that we all witness on a daily basis, on a minute basis, maybe at this point. And then, because of the Peter Thiel relationship, and because we were a tiny Israeli start up with no presence whatsoever, you know, two years ago, two and a half years ago, and we landed an article in the Wall Street Journal and forms, because we made so much noise about the stuff that we were solving. Some day, we received a call from a lawyer who was like, the pit bull is pit bull I've ever seen in my life. Scaries guy I've ever talked to sends me an email like, we need to talk now my client. I'm like, who's your client? It's like, sign this 19,000 pages. NDA, that if you say anything, you'll die tomorrow. I'm like, All right, well, we'll try, you know, we'll just sign it and and then he it's true. I mean, he told me about this story, and so he's like, this is Elon. I'm like, oh, okay, that's interesting. What does he want? It's like, well, you know what he wants? He wants to buy Twitter, right? He wants to take the price lower, and he feels like there's a gap between what Twitter is claiming about the bots and the sock puppets and trolls and the fake accounts and their impact. And so what's what they are stating about themselves as a company, what is truly happening? They're claiming that it's less than 5% has no impact over the conversations that we see over Twitter X, and he feels like it's more and he wants to use your tech. So I'm thinking this might be the first little star on our shoulder as a tech company, right? You want to start building credibility. It's kind of a deep, deep tech, a dual use technology, serving, you know, defense organizations and national security. So I said, interesting. So I mean, obviously I would do it for for a penny, right? But we didn't ask for a penny. We asked for much more, and he paid. And at the very end, I think we did a very good job. And, you know, same pit bull at the end was, I was like, Hey, can I be honest? You know, it would be great if you'd allow us to, you know, we're small company, maybe, maybe, maybe you'd allow me to go to the press, because we did such a great job. And, you know, I think his thought process was, what would a 15 people team from Israel could probably do in the press. What are the odds of these folks making noise? Wrong assumption. We very wrong assumption. So within two weeks, I received another call, after we published 1000 articles in the press, it's just like CNN, all that stuff. And he was, like, a so my client is not happy, because now he's the owner of Twitter. I'm like, okay, and well, now it reflects really badly on him, because now he's the owner of Twitter, and you're bashing the head of Twitter itself. He's the owner my Yeah, but I mean, I, you know, I saved him a billion dollars. So should be happy like, Yeah, I think you should stop now with the press. You know, it's enough and say, Well, you know, we also lined up like the BBC and stuff like that. But it will stop at 1000 articles from that moment onward. So it was November 2022 as a small company, literally, with almost no revenue at that. Point, I think we were like 300,000 in annual revenue. In two years, we ramped up to 6,000,006 point 1 million. So we blew up, and today we serve I'm not saying it's all about the musk story, but I think that a lot of startups are just completely, completely disregarding that credibility and that and that brand recognition, because, though, because we not that we we're all about the tech and the tech and the tech and and eventually, and I'm saying this as a as a tech company in the field of AI combating bad AI with good AI. And I'm going to be shooting myself in the foot as a soon to be CEO of a publicly traded company. Don't hate me when I say that. But I think people don't buy technologies. I think people by people, and people by trust, and we, I guess we prove that with time, and this equation proves to be the worthy one. That's the route we're going to be taking. And two thirds of the companies, like R and D people, I don't understand half of the shit that they're saying to me, and I'm like, Oh, very interesting. And we just move on to other stuff. But the truth is this, what we see, it's, it's, it's incredible technology being leveraged by people who want to trust you, like, that's pretty much that. So that's the story about which
Mark Sanor 11:13
has, which has lots of use cases, right? Not just dual use, not just forensics, but we,
Dan Brahmy 11:20
serve. I mean, we're on a, this is a do use technology panel. Is this a panel? If it's two people, yeah,
Mark Sanor 11:28
it says it's a duo, duo, dual use, the finalist
Dan Brahmy 11:33
of the panelists. Yeah, we work a lot with national security folks.
Mark Sanor 11:38
So why do you want to go public? Why? Because he wants you to go public. Do you
Gator Greenwill 11:46
sure I'll so I think what we found, and I've been discussing the IPO option with Dan, actually from fairly soon after he invested, after I invested, sorry, when he began discussing with different bankers about that option, and our conclusion, based on conversations with a number of VCs, was that even with a relatively depressed IPO market, the cost of money for a compelling company in the public markets is significantly cheaper than what you were seeing from VCs, post SVB bank collapse, term sheets got especially outside, if you were not a kind of golden circle Silicon Valley, you kind of Blessed from above. You know, start up. You know, no offense against, you know, friends of mine that run companies like that. You know, the types of term sheets that you get, you know, from VCs, you know, are typically fairly onerous. And so that was where, you know, we said, hey, you know, this is going to give a, you know, a multi year pipeline to the company, you know, add a, add a valuation that is has lots of room to grow, but is not overly dilutive to the existence. And I know
Mark Sanor 12:59
we're not pitching, but I think there's an opportunity for us to get it before the IPO. Right? All right, we'll come back to that, all right, other than his space,
13:12
not a technical
Mark Sanor 13:14
one, a personal one, what kind of answer?
Dan Brahmy 13:16
I was born in France, so I'm romantic by default. Okay, I've lived there. I've no, it's true. I Yeah, so this is the beginning of the story. So 50, I live 15 years in France, right? And everything's about, like cheese love and Eiffel Tower and whatever people like about France. But there's something true about it. And I mean, I could be talking about the VC and the term sheets and the limitation preference and all the stuff that everybody knows about that probably more than I do, as a matter of fact. But the truth is, I think that we're solving one of the most complex and interesting challenges that we're facing at least nowadays, maybe in seven years will be different. But for sure, for the last two, three years and for the next couple of years ahead of us, we are in really deep, muddy waters, and the way that I want one of our, one of our board members is Mike Pompeo, the former secretary of state and head of CIA Jos about to be coming in as a post listing board member. You already know that one of the one of my ways to pitch it to them was not telling them about the technicalities of becoming a NASDAQ publicly traded company, because they know everything about complexities. While I was running in diapers, the guy run the CIA, so obviously he knows more than everything that I would do in life. But I told him, I think people need to perceive that opportunity at being a shareholder at Sara some point in time, in the next couple of years, as maybe I should invest in Batman, like if we are Batman.
Mark Sanor 15:01
It, and you guys are running this, the French, the French coming out, and you the romantic
Dan Brahmy 15:08
stuff, very geeky. But the truth is, like, if we're Batman and Batman has technologies, all I'm saying is, I think people should see this as the opportunity to potentially invest and help us build the technology that can be the arsenal to bring back a little bit of more transparency for this democracy. Because right now, Gotham City is running on fumes and is looking really bad, and the and and it feels like people are losing trust, slowly losing trust. And I got, I got two children, the two boys, four and two years old. And I'm saying, Damn, by the time they became they become teenagers. What are they going to be trusting? What they'll never trust the media. They'll never trust social media. They'll never trust things that they see online. Because
Mark Sanor 15:49
every single No, their dad is Batman,
Dan Brahmy 15:53
right? So that's Batman, exactly. I don't know who's Batman son in the show, but, but that's, that's the way I that I sold it to Mike Pompeo, like I want people to invest in Batman's also
Mark Sanor 16:04
so questions for Batman, yes,
Tony Cruz 16:13
as Iron Gate Capital Advisors looked at you. Have you talked
16:15
to Hamlet you save? Or
Gator Greenwill 16:20
I know Hamlet, I'm not sure if he's under in this specific deal. I mean, some of the, you know, some of the companies that, some of the funds that, Iron Gate is an investor, and I'm almost, like 99.9% they have evaluated. Now, obviously it's a different, you know, it's about to be a different deal than it was, you know, before an IPO. So always could be worth revising that discussion with Ty and Hannah,
Mark Sanor 16:48
I've got two more panelists for you. So their space is up there as well. And there's ocean space and ocean we're talking about explain, and then ELA as a fund that focuses on dual use technologies as well. So just introduce yourself. Let me start with Elena.
Elena Anfimova 17:14
Thank you, Mark. Hello everybody. My name is Elena, and I do Ukrainian defense technology. You probably know that Ukrainian defense Tech is a world class innovation, and the gap the capital requirement for it is massive, and the challenge, in addition to capital, is how this startups access global markets. So this is what my team is working on, how to integrate the start ups in the domestic defense ecosystem,
Mark Sanor 17:52
which some are calling like the new Israel of sorts. And we were just having, oh, Patrick's here. We were having lunch, and I said, Do you know who Jacques Cousteau is? And he goes, Well, yes, I've been and I invested in his films. So his grandson, Fabian, has been with us, the CEO of his company. We've invested a lot in space, but we can gain a lot more cheaply and investing in ocean based research. So maybe it's explain. Hello.
Lisa Marrocchino 18:27
I'm Lisa March, you know, thank you for having me join. I was just in Davos, in Ukraine, cyber tech, and technology was a big topic there, so that was super interesting for me to be there was an AI cyber conference that I attended, but what we're doing at Fabien Cousteau was the first grandson of Jacques co he. His grandfather was an ocean pioneer. I'm missing the word ocean tech from this conference. However, we need to change that. I also do believe that ocean tech is going dual use because of, well, lots of geo political reasons. So we are focusing on national security as well, and I'll explain a little bit of that. But Jacques Cousteau developed some of the first technologies to spend more time in the ocean and habitat. So he built some of what are called Ocean habitats, or really ocean research stations. And we have one in space, but we don't have any in the ocean, because the space race took off and got and left ocean behind. And as Mark mentioned, in the last 10 years, you have invested $270 billion in space and private creating a private space industry, and created, really 1700 new companies. So we really are poised to create that same kind of phenomenon in ocean tech. It reminds me I was at Goldman Sachs in technology research, and this really reminds me of, kind of the early days of technology. So his grandson kind of picked up the torch, and in 2014 lived under water for. For 31 days with five scientists did not come up to the surface because of what's called saturation technology. So he was fully saturated and lived at 20 meters or 60 feet, and did not come up to the surface for 31 days. So what happened were some phenomenal things under water. There were science experiments and kind of an acceleration of that, because you were able to dive 10 to 12 hours a day. So what we can't get back is time. We know we're at the precipice. I mean, someone mentioned a meteor here that almost hit us. I think we should be much more worried about climate change and some cataclysmic issues that are we're on the precipice of then, uh, then the media are hitting us. So I, I do believe that we we're not focused on climate change and maybe this administration and where we are today. We won't be so we will use acoustic technology, sensor technologies we've evolved from just, not just a habitat, but really thinking about an ocean technology platform where acoustics and all of those national security issues do come into play, so I'll stop there.
Mark Sanor 21:08
Excellent. All right, so you got a cornucopia now, space slash ocean tech we'll use and let's open up for questions. I
Andrew Fisch 21:24
Yes, Lisa, this is completely anecdotal, so you'll have to answer the question, and in for me, a lot of call them drums. You know, a lot of devices are being now, roaming the oceans, gathering data of all types. Is this advancing what you do as opposed to having literally people in one place? Is it complimentary? Is replace anything?
Lisa Marrocchino 21:53
That's a great question. We really believe that you can't just do it alone with robots, but robots are essential to amplifying and extending the reach of humans. So and this, and NASA is really studying this a lot as well, kind of this human robotic interface, if human interface, and we really, if it were true that robots could do it all, they would be the only thing on them, you know, in space. So I do believe that you really need that human interaction with robots, and we can really amplify so yes, we'll be looking at robotics, a U V S, R V s, all of those in surrounding the habitat. If you think about the habitat, is almost like the smartest node on this kind of technology ecosystem platform. So that's how we're really looking at it. There's some super cool technology that can be, that's not even out there yet, right? That can Yes, absolutely. Then they have to come back, right? And then you have to interpret the data and AI, you know, one i We heard a lot about AI, and that's one thing I'm really optimistic about. AI in ocean, there is a flood gate of so if you send out all those robots and all those sensors, are going to come back with a flood gate, even with hydro acoustic modems, there's so much information to be processed, and we know nothing about our ocean. You know, 5% has been explored. So how can we gather all that data to do to make better decisions? And that's where robotics and AI, I think, is going to make play a major role in so we're looking at all of that technology.
23:24
Thank you. Other questions,
Robin Blackstone 23:28
yes, you know, it occurred to me that one of the factors in the ocean as well as space, is that a lot of it's not own by anybody, and so it's essentially available to be used by anyone. And it's kind of an interesting advantage. Planets would be another space like that. So in a world that's carved up already on land, there's these vast spaces which are not carved up. I was just wondering what advantage that might confer on the work that you guys are doing.
Lisa Marrocchino 24:06
Yeah, that's also a really good question. So we work with governments and create public private partnerships. So right now we're working in Curacao, Portugal, cap of ver very talking to people in the Middle East as well. And it is interesting. And I don't know if anyone saw there was recently an article about China having a habitat. So there is an interesting phenomenon happening, going back to dual use and national security. All of a sudden, China is interested in creating habitats at very deep levels and to do all kinds of things. So it is an open space, and I think legal will probably play a big role in this. But right now, we haven't had any issues with putting a habitat in waters outside of Curacao, Cabo Verde, Portugal and the Red Sea even there's no been no issues with like, you can't go there or you can go here, but it is a. Question, the ocean is even bigger than lots of spaces, and it's right in our back yard. So as long as we all play nice, I think, for a while, and if China accelerates what they're doing in the ocean, I hope and pray that that will help the US come to terms with investing more and the ocean,
25:27
just
Jaha Cummings 25:32
on the question of, I guess, areas for American city research, if you consider micro Nisa, I lived there for 20 years, and the whole northern Pacific we have our contact agreement, which pretty much denies rite of passage to anyone else, right?
Lisa Marrocchino 25:45
I love that. Yeah, all areas are open, or we're open to any area really that would that where we need to study the ocean, and really that's almost everywhere, because we haven't studied it at
Gator Greenwill 26:00
all. On the question of geo politics and the ocean, one I think still under sung aspect is that right now, an enormous amount of the world internet traffic travels underneath the sea, and we've already started to see Russian and Chinese vessels in the Baltic and the South China Seas, you know, imping upon Japan, or in some cases, it seems, even sabotage cables running into various countries that they have issues with, so that, you know, that's a live area, and sort of, you know, the oceans have Been a commons for the transmission of data and information for a long time that now seems to be more and more contested in the current moment of power competition,
Mark Sanor 26:53
one second, and you could just say, What? What? What's the technology or company in Ukraine or related to Ukraine, because you're not all investing in Ukrainian companies that you think is most exciting we should be aware of. Well,
27:10
naval drones.
Elena Anfimova 27:21
Oh, yeah, they're Ukraine is the first country in the world to sort of create effective naval drones. And on December 31 actually, Ukrainian naval drones. Magura down two Russian helicopters, the first presidents in the world. Hard to say it's a record. It's still loss of life, and it's still horrible, but technologically speaking, a very cheap drone, comparatively to any missile destroys a helicopter to helicopter, and the third was damaged, but made it be back to the base. Another case, one Ukrainian drones destroyed $130 million missile system. So the mind boggling phenomenon about these drones and the drone warfare is that this very cheap, again, comparatively speaking, devices destroy multi, sometimes 100 million dollar systems I just came back from the Emirates, I went to this I deck, if you guys know, it's like the largest defense exhibition. And there were all these massive, shiny toys. And I was walking, walking by and thinking, you know, like a 10,000 drone can destroy it. So I guess what we're still grasping is how war far has changed, and dominating military stockpiles are still kind of the World War Two, slash Cold War technology, and what needs to happen right now is restocking in pivoting to defense technology right now in Ukraine, the war that's happening is a war of drones. It's not even people anymore. I had a like innovative aim in system for guns, you know, for actual soldiers to do something with. And I had to drop it because there were no soldiers anymore fighting, you know, each other. It's drones and swarms of drones. So. Boom, and there is a Ukrainian company called swam. I did not invest in it, but that that's a really break through technology. Then another, and pretty much like the group of tech that's really promising, is autonomous weapons. So it's autonomous remote control weapons that you can control from 1000s of miles, and they help to save lives and pretty much like it's equipment destroying equipment. Given how horrendous the concept of physical warfare is in 21st century, it's still better than you know this mince meat attacks, I think it's called that Russia really prefers and practices to this day in Ukraine, we do not have the human resources to sort of mimic this strategy. And we value human life, so we really prefer robots to fight. So it's autonomous weapons, autonomous drones, and also electronic warfare, because what's happening is that when you face a technologically advanced enemy is that there is this jam in spoofing and GPS de night environments, so the navigation systems become very prominent anti drone electronic warfare. So how do you protect your drone from being jammed and spoofed so that it completes its mission. The interesting part is that American drones did not do well in Ukraine at all. They were expensive and glitchy because they could not perform with that kind of electronic warfare that Russia has, and let's say, out of 10, Mission only two mission are complete, whereas Ukrainian drones can complete eight out of 10. There is one.
Mark Sanor 32:14
Compare that to the US technology today. How far are we? Because we haven't done this every day, every hour, like you
Elena Anfimova 32:21
are well. So this is what I'm saying, and a lot of feedback is kind of just like a second hand information, right? Because it's not published anywhere. The only sort of public media account of this that I found is a Wall Street Journal article about that, how glitchy and how ineffective American drones were tested in Ukraine on the battlefield. Because you see, the thing is, is even for AI to function well, it needs to be fed lots of data. Ukraine is pretty much the only place where you can get the data, and that pretty much accounts for why Ukrainian drones are so much more efficient than any other drones unless they are tested on the battle field in Ukraine. So for any drone company right now to be you know, anything, they have to be there, there. So is
33:21
this something you're looking
Gator Greenwill 33:22
at? Absolutely. We're active investors in the conference system space, happy to discuss more especially
Speaker 5 33:32
so we are almost ready for breakouts and refreshments.
Carl Pro 33:37
But I had a quick question on the what I call your misinformation or BS software, I spent my lunch time reading through like 25 or 30 websites to try to pick out the same story and read them and all to find out where the truth is. Your system would probably be great to have some independent calculation of current events, without the biases.
Dan Brahmy 34:10
We have been, not we've been we've been dreaming of eventually creating that stamp of trust within us that we that we spoke about. So the short answer, what you said is, this is exactly what we're aiming at, which is being able to understand whether the source, so the actor who's pushing and propagating a certain narrative or a certain angle, whether it can be a trusted source. So is it a is it a real person? Is it a real journalist? Is it a fake journalist? Is it a but a sock puppet patrol, a spam account, you name it. There's another 10,000 we don't need to get into all the categories, but, but I think that that gives you know one portion of the answer that you're looking for, and and then we explain, just to give you slightly longer answer, we we sort of decipher what we call the behavioral patterns. So. So think about an MRI that says, how, how powerful and how fast does a piece of information fly out over social media? Is it only within the social media realm, or is it flying from social media, from Twitter to The Wall Street Journal and then back to Facebook, and then going back to tick tock. And then what kind of formats, right? So the speed and the strength, and then the third part of your question would be about the authenticity and the nature of the content itself. So not just the similarity, and is it copy paste, but actually, is it? Is it a deep fake? Is it is, you know, is a computer generating the pictures and the videos that we're looking at right now, and then you aggregate all this sort of answer into, should you ignore what you're seeing, watching, reading? Should you track it closely, because it might become a threat, slash an opportunity, depending which side you're on the scale, or the last point, which is, should you be so worried that you need to mitigate against that immediately? We you know you spoke about the drones, and we spoke about the the the Navy and how we could potentially leverage the unexplored territories. We've talked to three and four star generals, and we've talked to Secretaries of Navy, and we've talked to all these incredibly smart and powerful people that have the almighty power to shift territories and shift decision making process. And the funny thing is, they have made very costly decisions based on misinformation. They shifted entire armies, not small military operations. They have shifted dozens of planes, dozens of naval ships and 1000s of soldiers. What
Mark Sanor 37:01
so the first, so the first saner. His name was Sanor, who was Prussian. You know, we had a lot of hessian troops. So Michael Sanor was the aide de camp. Eventually, he was known as the Flying Dutchman. He stole the white horse. But for the battle of York title, it led to the victory, partly, where the French, because they were in New Jersey, where I live, their ovens kept baking the bread, and that was that deception to the troops. They fell. They're clearly still still up there. They're still eating when instead they they moved around and caught them by surprise. So we love the French information. And it was interesting that Macron came over to see Trump. But they will talk about these things, the breakouts. This is how we do breakouts. This comes this is a slide from 2011 12, when I would do these breakouts for Dennison. Anybody from Denison? You're close enough Denison people here, usually there's always one Michigan room makes little sister Council. But we would get together in round tables and then, and it would be the round table for fashion in New York, or for finance. And then we eventually get 300 people. And there were segments that we now have a round table for each of these panels. And like one physically is over there. It's probably a popular one next to the bar. Another one's over here, and we have the ones out there, out first, mingle, you know, stretch, move around again, and then I'll put on the screen where the round tables will be. And they will the format is basically no one dominates the conversation. There's no like alpha that just takes over. It's a round table. Everybody should introduce themselves what they're doing so that everybody knows and we all try to help each other. It's the same thing we did for the alumni. No one's asking for money. The school isn't asking for money. We're here to help each other. The same spirit here and for our family office world. So if someone's got some insights, you want some questions, let's ask the panel a little more information. You know, Alyssa, like you're in the ocean world, right? You should be a guest in this, well, deep tech, ocean tech world. And, you know, everybody should know each other. And and then we come back and we say two things, what did you learn? What are your takeaways? We'll come back here one more time, and one or two people will speak about it. And one of those takeaways is like, or is like, is there something we should do? Should we do a deep dive on ocean tech? Should we do a deep dive on, you
Speaker 4 39:50
know, may I say one more thing, just to give plug the ocean short time you don't
Mark Sanor 39:55
have a chance to do that. Okay? This is just the principles of it. Okay? And you want to know more about ocean Tech, I think Lisa will be near that bar over there. And so let's let's break. I'll come back to Mike 10 minutes or so. Let you know where the breakouts will be. Do the breakouts meet the people who are relevant to you. And that's that magic for what we do. Thank you everybody. Thank you. Panel. I'm joined our 361 firm community of investors and thought leaders. We have a lot of events created by the community as we collaborate on investments and philanthropic interests. Join us. You.