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> Or why doesn't someone spin up the SpaceX for shipbuilding? Do VCs invest in industries that are so mature that they are almost as old and civilisation itsel
by teruakohatu 3y ago
> Or why doesn't someone spin up the SpaceX for shipbuilding?
Do VCs invest in industries that are so mature that they are almost as old and civilisation itself?
- teyrana 3y ago"Anduril industries" has entered the chat... Long story short, yes, VCs have entered the defense industry (writ large) and although I have my doubts about whether said VC money will achieve FB-like returns, they are trying. And to answer the GP poster.... The industry is not "ripe for disruption" because it's dominated more by the "invisible hand of the lobbyist" much more than the "invisible hand of the market". Fwiw, from my ~20 years in the defense industry.
- Teever 3y agoYou say this as if there's no innovation in modern shipbuilding, as if the Koreans and Japanese who dominate the industry have just gotten really good at lashing together logs to make really big rafts. That would be like saying that VC's don't invest in communication companies because communication is as old as civilization, and who wants to invest in semaphores and stone tablets anyways?
- obmelvin 3y agoYou might find this recent article interesting about the uptick in people moving from Pentagon -> VC, as opposed to Pentagon -> Prime Defense Contractor. https://www.nytimes.com/2023/12/30/us/politics/pentagon-venture-capitalists.html https://www.nytimes.com/2023/12/30/us/politics/pentagon-vent...
- nvm0n2 3y agoVCs weren't behind SpaceX. Musk invested his own money.