2min chapter

Acquired cover image

Lockheed Martin

Acquired

CHAPTER

The Irony of the Government's Buying Modern Things

The modern Silicon Valley and the modern defense industry are in many ways kind of incompatible from a business model perspective. Palantir, for example, how do you let the government put out a contract to bid on that structure to a certain way? That doesn't fit in these gigantic cost plus contracts. No matter how large you scale, you will never have big fat gross margins that outrun your fixed costs.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode