The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 61 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 3 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Grimm: Anduril reinvests all revenue and remains EBITDA negative
“Like, Andrew, we're gonna do, we're doing very well financially this year revenue's off, off the charts. And then we reinvest every single nickel of that right back into future growth, future programs, all of that. So, like, we're still, you know, ebbed and ne…”
Grimm: Defense incumbents currently outperform Anduril at hardware logistics and fielding
“There's like a real kind of logistics and fielding piece there that to be honest as of today, they're better at than we are since we have a lot to learn there.”
Grimm: Anduril has raised $4B in equity and $5B total including debt
“Short of debt, it would be about four billion. With debt, it'd be about five billion.”
Anduril never provides financial or strategic disclosures to SPV brokers
“Andoril has never once ever approached an SPV broker and said, hey, here are detailed financials. Here's our detailed strategy. Let me avail our management team for different interviews or different kind of sessions.”
Grimm: Women Account for 18% to 20% of Anduril's Workforce
“We're about, I think, like, 18%, 20%, something like that.”
Matt Grimm: Anduril has explored potential collaboration with Helsing
“Oh, we love them. Like, good relationship with them. I hope they succeed. We've talked about, talked with them a couple times about potential collaborations.”
Grimm: Almost All of Anduril's Acquisitions Were Bootstrapped
“Most of our acquisitions almost all of them have not been venture backed. They've been sort of bootstrapped and ground up started.”
Matt Grimm: Robot-on-Robot Warfare Is Likely in Future Conflicts
“Robot on robot warfare, I think is pretty likely.”
Matt Grimm: Would start a semiconductor fabrication company if failure were impossible
“If failure was completely impossible, completely off, I'd repatriate all semiconductor fabrication. I'd start a company doing that.”
Matt Grimm: Anduril will go public and likely be his final company
“I think probably. I mean, we're all in this for the long haul. I think probably. We're gonna ring the bell one day, and then we're, you know, gonna build a massively successful publicly traded company, and like, yeah, it's probably my last.”
Grimm: Anduril's Lattice OS fuses sensor data for real-time battlefield view
“That's really what we're doing with our lattice operating system that's at the core of all of our products, is trying to bring together and fuse all of this different data that's coming from individual soldiers, from individual planes, from satellites, from su…”
Grimm: Western allies will spend nearly $1.3T on defense in 2024
“In 2024 alone, US is spending about eight hundred and eighty billion on defense. The UK spending about seventy three billion more. The EU member countries are spending almost three hundred billion on top of that. Australia spending forty five billion on top of…”
Matt Grimm: I will listen to this interview four times to critique myself
“I guarantee at the end of this, I'm going to listen to this interview no less than four times making notes of different tacks I could have taken or different points I should have made or different arguments I could have gone down.”