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Speaker unverified: belief

5 Mar 2026 Cheeky Pint Garrett Langley of Flock Safety on building technology to solve crime

“" We're a for-profit business, so I'm not looking to be a non-profit. But I think there is something there.”

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Speaker
Speaker unverified
Attribution
Not verified from this transcript
Claim type
belief
Recorded
5 Mar 2026
Publisher
Cheeky Pint

Transcript context

…So, if I think about it, we talked about this earlier, failure for Flock is prison population goes up. It's actually like really bad. We look at, the products today are very much focused in the middle of a crime. A crime has already happened, and therefore we should solve it, and that's really good, and I think we're definitely not done, but we've done a lot of work in that category. I get pretty interested in expanding that and going, "Well, what about what can we be doing from a product perspective to prevent crime from happening?" That actually doesn't necessarily look like software. It's like one of the interesting things that we started last year, so we call our Thriving Cities Fund. It's probably in an analogy similar to your Stripe Press. Which is like it's never going to be the core of your business, but you feel really good that it's a part of your business, and so when we go in places like Greenville, Mississippi, we also commit to deploy capital as growth partners to those businesses. Because if we want to convince that 16-year-old to not be a criminal, there does need to be jobs. Jobs that like a 16-year-old can get, and so we deploy capital in restaurants, nail salons, like pick your business that you can be 16 and work at easily, and we want more of those to exist. Last year, I think we were at 21% IRR, so it's not a bad business. I think Flock's stocks done a lot better than 21%, but I feel really strongly we could deploy hundreds of millions, if not billions of dollars of capital in the cities that also choose to be safe. I don't want to go deploy capital in a place that doesn't want to be safe. But for that, I want to do more there. Then, I think to our conversation on the other half, the majority of the crime we solve is not violent. It's non-violent, and today, the discrepancy for a juvenile and non-juvenile, you still wind up in some type of penitentiary or prison system. I think that's crazy. All the data shows, as soon as you wind up in prison, you're going to get violent, and you're going to come back. So, I would articulate there is an opportunity, don't know yet what it is, to say, "Well, hold on. If this was an opportunistic criminal, is there a product—with a capital P, because it might not be software, it might be hardware or software, I don't know—that allows that person to have a second chance?" And in a way that is not going to increase their likelihood of doing it again. Like, that's bad. But like, prison can't be the answer. It just doesn't work. The whole concept of prison will never work, and there are some incredibly well-run prisons with really well-intentioned wardens doing the best of their ability, but the concept of putting a bunch of violent people together is by default flawed, and so I question what could Flock be doing to say, "I'm going to prevent kids from becoming criminals, and if you do wind up on that path, how do I get you back on track as fast as possible?" flawed, and so I question what could Flock be doing to say, "I'm going to prevent kids from becoming criminals, and if you do wind up on that path, how do I get you back on track as fast as possible? " We're a for-profit business, so I'm not looking to be a non-profit. But I think there is something there. I mean, you're talking about millions and millions of people who really need... It's actually as a society in our best interest to get them back in and productive, and I want to do both of those. So, fewer crimes, fewer people in prisons?…

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