Reported 1 day ago
Venture capital firms are hesitant to invest in defense technology despite its growing importance in the US government, mainly due to a lack of leadership with relevant experiences. Tyler Saltsman, CEO of EdgeRunner AI, argues that VCs typically consist of individuals with traditional MBAs who lack practical experience in building technology, which poses a risk to innovation in the sector. He emphasizes the need for more diverse backgrounds, including military personnel, to make informed investment decisions. The industry tends to follow conventional pathways, leading to a reluctance to take risks, which can inhibit progress.
Source: YAHOO