20VC: Palantir CTO on The Broken Incentive Structure of How Governments Buy Defence, The Danger of Defence Spending at Historic Lows, How Elections and Wars Change Government Defence Buying & Why Budgets are Anti-Creative with Shyam Sankar
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Revolutionizing Defense Procurement
This chapter critiques the traditional government purchasing model for defense technology, emphasizing its inefficiencies and lack of innovation incentives. It proposes a new, more flexible business model that aligns with the high-risk, high-reward culture of the commercial sector, advocating for changes in procurement strategies. The discussion highlights the complexities of government processes, historical influences on funding practices, and the urgent need for a shift to foster innovation in defense technology.
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