Equity StrictlyVC Download: Why Eric Slesinger, a former CIA officer, is now funding European defense tech
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May 7, 2025 Eric Slesinger, founder of 201 Ventures and former CIA officer, shares his intriguing transition from the intelligence community to venture capital. He highlights the growing interest in European defense tech, driven by recent geopolitical events. Slesinger discusses overcoming the stigma around defense investments in Europe and reveals how his firm aims to support underrepresented founders. The conversation also covers innovative projects like maritime drones and the exploration of emerging technologies in competitive gray zones.
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CIA to VC Transition Anecdote
- Eric Slesinger transitioned from the CIA, where he developed tech for agents, to VC to explore the rising role of private sector in defense.
- He realized the private sector was increasingly vital in defense technology beyond traditional government competition.
Changing Perceptions in Defense Tech
- Defense tech became more attractive because companies like Palantir changed perceptions about the sector.
- Personal trust in founders who served defense missions helped shift the stigma around defense investments.
Opportunity in European Defense Tech
- Despite Europe's traditionally low defense investment, Eric saw untapped market potential driven by gray zone competition.
- Europe's entrepreneurial talent and delayed government response made it fertile ground for defense tech startups.