The Ledger
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Anduril targets tech-heavy, sales-poor defense startups for M&A acquisitions
“I won't say publicly on the Technology Bros podcast that we want cool technology companies to fail because they're bad at business development. But those do present interesting opportunities for us from an M&A perspective, for sure.”
Founders Fund requires production usage before writing concentrated GovTech checks
“Now, what that means for founders fund, practically speaking, and gov tech is that we tend to want to write more concentrated checks. Once you see production usage of the technology working because it demonstrates that the founder has figured out how to get th…”