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defense prime

also referred to as: defense primes

5 statements across 2 episodes · 0 bullish · 3 bearish · 2 people on the record · first statement Jan 17, 2024 by Shyam Sankar · across every show →

Everything said about defense prime, oldest first

Jan 17, 2024 neutral
Assertion Supported
US defense prime contractors dropped from 51 to 5 since 1993
“He invited the 51 defense primes. Today we have five. Back then we had 51.”
Shyam Sankar Jan 17, 2024 ▶ 20:37 Shyam Sankar: The Broken Incentive Structure of How Governments Buy Defence | E1104 · 20VC with Harry Stebbings
Dec 11, 2024 negative
Assertion Supported
Torsten Reil: Traditional defense primes spend less than 5% on internal R&D
“In general, they're not incentivized to Spend a lot of their own money on R&D. I think it's probably less than five percent or so.”
Torsten Reil Dec 11, 2024 ▶ 48:07 Torsten Reil, Helsing Founder: Raising $828M to Build the Defence Champion of Europe | E1237 · 20VC with Harry Stebbings
Dec 11, 2024 bearish
Prediction Not checkable as stated
Defense primes risk a Tesla-style disruption if they ignore software
“The thing that we have to avoid is the Tesla moment for the defense sector. If we collectively, including the primes, don't understand that and don't adapt, the same thing is going to happen to defense, As happened to the car industry.”
Torsten Reil Dec 11, 2024 ▶ 0:17 Torsten Reil, Helsing Founder: Raising $828M to Build the Defence Champion of Europe | E1237 · 20VC with Harry Stebbings
Dec 11, 2024 neutral
Insight
Torsten Reil: Product-market fit is only one-eighth of building a defense prime
“But I had to learn that, that is just a very small part of building a prime. It's like one eighth, maybe, or something. It's product market fit. Then you have to do all the rest.”
Torsten Reil Dec 11, 2024 ▶ 53:25 Torsten Reil, Helsing Founder: Raising $828M to Build the Defence Champion of Europe | E1237 · 20VC with Harry Stebbings
Dec 11, 2024 bearish
Prediction Not checkable as stated
Torsten Reil: VC defense startups cannot all become primes due to talent
“So, so all of these companies would be competing for a very small pool of people, and I, it's just impossible to have turned them all into primes. It will just, it just not gonna happen.”
Torsten Reil Dec 11, 2024 ▶ 53:03 Torsten Reil, Helsing Founder: Raising $828M to Build the Defence Champion of Europe | E1237 · 20VC with Harry Stebbings
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