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20VC: Anduril Co-Founder on How a Trump Administration Changes the Defence Industry | What Happens Between China vs Taiwan, Israel vs Palestine, Russia vs Ukraine | How Software Changes War & Why TikTok Should Be Banned with Matt Grimm
Matt Grimm
Yeah, I'm enjoying the light bulb going off. What's happening is that the incentive structure within the Pentagon, within the procurement office, has said like, This is how we prefer to do business because we don't want to have our companies make too much money. So this firm fixed margin is something like 8%, 9%, 10%, thereabouts, depending on the particular contract.
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