
What It Takes to Build a Generational Company | Anduril’s Trae Stephens
From Grit by Kleiner Perkins
May 18, 2026 · 56 min · Episode 285
About this episode
Trae Stephens discusses the importance of founder quality and team dynamics in building successful startups.
Founder quality becomes more important as startups become easier to build. Trae Stephens, co-founder of Anduril and partner at Founders Fund, has spent years backing founders with strong conviction, including most recently at Roadrunner. He shares why too much capital too early can hurt startups, and why the best companies are built by teams with complementary strengths. Guest: Trae Stephens, co-founder, Anduril and Partner, Founders Fund Connect with Trae Stephens X LinkedIn Connect with Joubin: X LinkedIn Email: grit@kleinerperkins.com Follow Grit on LinkedIn Follow Grit on X Learn more about Kleiner Perkins
People in this episode
Host: Kleiner Perkins
Guest: Trae Stephens
Topics covered
- founder quality
- startups
- capital investment
- team dynamics
- generational companies
Keywords
- founders
- startups
- capital
- team strengths
- Anduril
- Kleiner Perkins
Mentioned in this episode
Organizations: Anduril, Founders Fund, Roadrunner, Kleiner Perkins
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