In this episode, I chat with Tess Hatch, former partner at Bessemer Venture Partners and current Managing Director at Stifel Venture Bank , about the future of frontier tech and how the landscape is shifting. We dig into the red flags she watches for in early-stage deep tech, how AI is reshaping the defense and aerospace sectors, and why debt vs. equity financing matters more than ever in capital-intensive spaces. Get a front-row seat to how one of the leading voices is thinking about investing at the edge of innovation.