It’s Time for New Incentives for Defense Primes to Invest in Startups
While there have been some high-profile entrant startups that have successfully worked with the Pentagon, the majority of these small firms have found the bureaucracy too difficult to pierce — and the funding too sporadic. In this new op-ed, Chip Walter, a retired Navy captain now in the venture capital space, offers up a solution: look to the defense primes. “If we are to meet the innovation goals of the NDS, we must incentivize the primes to move beyond the short-term partnership model and encourage them to form more holistic relationships with promising early-stage companies, including investment into operating businesses,” writes Chip Walter. To read the full article, click here.