The Ledger
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Critics like Calacanis only changed their tune after Anduril became successful
“And Jason, like many influential people, some of them even in this room, who have treated me like shit for years, suddenly changed their tune as soon as Andrew was on the upswing.”
Chamath: Microsoft turned to Anduril after failing a $24B Army contract
“They had a twenty four billion dollar contract with the United States Army to deliver some whiz bang thing. And they realized that they couldn't deliver it. And so what did they do? They went to Anduril.”
Friedberg predicts legacy defense contractors will face severe challenges in 2025
“I went with the kind of old defense and aerospace providers, Boeing, Lockheed Martin, Raytheon. Driven by kind of China dominance, driven by US defense budgets that I think are going to need to shift towards a more kind of tech oriented and ROI driven rational…”
Friedberg predicts defense tech startup Anduril will become the next Boeing
“I just think that that's going to be the next Boeing.”
Early Anduril VC pitches focused heavily on ethics over execution
“The vast majority of conversations that we had were about whether or not it was even ethically okay to ever build a company that would build weapons.”
Gerstner: Secondary transactions equal 31% of primary VC activity in 2025
“This is the amount of employee secondary. So this is people buying into Anduril, Anthropic, SpaceX, now represents 31% of all primary venture activity. Is buying into these secondaries in 20, 25.”
Stephens: Anduril reached $10M ARR in 22 months versus Palantir's five years
“What took Palantir, I guess, probably about five years to get to ten million annually in revenue, we did that in 22 months.”
Goldstein: Archer Aviation partnered with Anduril to build autonomous military aircraft
“We do have a really strong partnership with Anderil. And so we've been building the new kind of autonomous, attributable aircrafts.”
Gracias: Not putting more capital into Flexport was a major mistake
“We invested in Andrewl with Palmer. We have a small investment in Flexport, which should have been one of the biggest mistakes the last 10 years of my career is not putting more money in Flexport.”
Stephens: Anduril is building a 5-million-square-foot factory campus in Ohio
“One of the things we're doing with Andrill right now is we're building out a five million square foot factory campus in Columbus, Ohio”
Stephens: Fully autonomous weapons like the Navy's CIWS system are not new
“Fully autonomous weapons are not new. We've had autonomous systems in operation like CWIS, which is deployed on naval vessels. That shoots down aerial threats fully autonomously.”
Stephens: Anduril funds capabilities via private R&D instead of government contracts
“Anderil, on the other hand, we're doing all of this as private R&D investment, and then we're selling the outcome, the output of that as a product.”
Raising Anduril's initial capital would have been impossible without Oculus
“Imagine how hard it would have been to raise money if I hadn't founded Oculus. Would have been impossible.”