Auchincloss: DoD must act as a reliable customer, not a venture capitalist
Congressman Jake Auchincloss · The China Threat: Silicon Valley and the Great Uncoupling · Mar 5, 2024 · at 18:07
Congressman Jake Auchincloss (D-MA) speaks on defense procurement reform at the a16z American Dynamism Summit alongside venture partner Katherine Boyle.
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“We do not need the Department of Defense to be a venture capitalist. We don't need it to be an equities investor. We need the Department of Defense to be a good, reliable, expeditious customer, and until they get that right, I don't think we're going to fully realize the possibilities of your portfolio.”
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