Joe Lonsdale is no stranger to success in business as the founder and managing partner of 8VC and as co-founder of Palantir Technologies (PLTR), despite his known controversial views in politics and social spaces. While joining Yahoo Finance’s Josh Lipton on Opening Bid, Lonsdale shared some insider tips for other business owners on how they can build a path to success, especially in the tech sector. For him, the bottom line is talent. "You need to have the people like just extraordinary talent focused on a mission building over 6, 7, 8 years," he explained, because "these things need a lot of hard work."

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