Forty-seven of the top fifty defense startups will fail within fifteen years
Delian Asparouhov · Inside Varda’s Space Factory | Delian Asparouhov, Founders Fund & Varda · Sourcery with Molly O'Shea · Mar 28, 2025 · at 31:44
Delian Asparouhov, partner at Founders Fund and co-founder of Varda Space, argues that power-law dynamics will render nearly all current defense tech startups irrelevant.
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“A significant number of the logos that are talked about today and the, you know, sort of top 50 in this field. You know, 47 of those are going to be companies that are completely irrelevant. Yeah. 15 years from today.”
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